Off the wire
• Bombings injure 5 in southern Thailand  • U.S. stocks jump on China bounce  • Cambodian King grants pardon to self-exiled dissident Sourn Serey Ratha  • Roundup: Indonesian president mulls new economic regime amid global downturn  • Winners of Chinese bridge competition rewarded in Rwanda  • French stock market jumps 3.07 pct on Friday  • China's civil aviation industry sees rapid growth in 2014  • Cambodian deputy PM praises China for contributing to socio-economic development in Cambodia  • 2nd LD Writethru: South Carolina Statehouse removes controversial symbol of racism  • International lenders plan to extend 400 bln U.S. dollars for SDGs  
You are here: 　 Home

British trade deficit shrinks to 0.4 bln pounds in May

Xinhua, July 11, 2015 Adjust font size:

British deficit on trade in goods and services was estimated to have been 0.4 billion pounds (or 0.6 billion U.S. dollars) in May 2015, compared with the previous month's 1.8 billion pounds, data showed by the Office for National Statistics (ONS) Friday.

Britain registered an 8.0 billion pounds deficit on goods trade, and an estimated surplus of 7.6 billion pounds on services in May, data showed.

The deficit is the smallest since June 2013 and the narrowing is a result of imports decreasing by 1.4 billion pounds to 43.4 billion pounds, as exports were unchanged at 43 billion pounds, noted ONS.

In the three months to May, the deficit on trade in goods and services was estimated to have been 5.4 billion pounds, narrowing by 1.4 billion pounds from the three months to February 2015, data showed. (1 pound = 1.54 U.S. dollars) Endit