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UK Balance of Trade (Nov) -6.116B vs. Exp. -3.5B (Prev. -6.531B, Rev. -4.824B)

Newsquawk Staff ·

UK Balance of Trade (Nov) -6.116B vs. Exp. -3.5B (Prev. -6.531B, Rev. -4.824B)

What it means

The UK's balance of trade for November has posted a deficit of -6.116 billion, significantly wider than the expected -3.5 billion. This larger gap compared to both expectations and previous figures suggests deteriorating trade conditions, which could have implications for GBP sentiment and future monetary policy considerations.

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