British trade gap narrows on aircraft imports

Source: Bloomberg
The negative trade balance of the U.K. decreased slightly in February of the current year, as a fall in imports was stronger than a decrease in exports. The gap slipped to 9.1 billion pounds, down from 9.5 billion pounds in January. Exports went down 1.6%, while imports plunged 2.2%. Aircraft imports slid 46% month-on-month and was the largest contributor to the decline of deficit.

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