British official trade deficit narrows in November
(LONDON) - Britain's trade-in-goods deficit narrowed in November, as rising oil and chemicals exports were offset by a six-year high in imports from the European Union, official data showed on Wednesday.
The deficit shrank to GBP 9.2 billion ($14.7 billion, 11.3 billion euros) in November from GBP 9.5 billion in October, the Office for National Statistics (ONS) said in a statement.
Market expectations had been for the trade deficit to fall to GBP 9.0 billion in November, according to analysts polled by Dow Jones Newswires.
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