Business News

Britain's trade gap narrowed in November

Published: Jan. 9, 2013 at 11:34 AM

LONDON, Jan. 9 (UPI) -- Britain's Office for National Statistics pegged the national trade deficit for November at $5.6 billion, a modest decline from October.

The trade gap had been $5.9 billion in the previous month, the ONS said.

The month included a $14.8 billion deficit on goods trading and an estimated surplus of $9.1 billion in services.

In the prior three months export prices, excluding oil, fell by 0.9 percent, while import prices dropped by 0.7 percent, ONS said.

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