UK Balance of Trade (Mar) -9.658B vs. Exp. -3.4B (Prev. -0.720B)

The UK Balance of Trade data for March reflects a significantly larger deficit than expected, translating to a gap that may raise concerns about the country's economic health. This larger deficit could influence the Bank of England's policy decisions considering its potential implications for growth and inflation, and may also weigh on the GBP against other currencies.