Tuesday, September 27, 2022
HomeFinanceUK’s trade deficit widens to record £27.9bn as business with Russia reaches...

UK’s trade deficit widens to record £27.9bn as business with Russia reaches historic low


New data showed this morning that UK’s trade deficit in goods and services widens again in Q2 to a record £27.9bn.

Moreover, monthly imports from Russia dropped to meagre £33m, the lowest since records began and down from over £1.8bn in both January and February of this year.

Also during Q2, imports increased by £14.3bn to £206.6bn but exports rose by £12.3bn to £178.6bn.



Etiknews Staff
Etiknews Staffhttp://etiknews.com
Etiknews is dedicated to Ethical and sustainable business news.
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