UK trade gap narrows in March

Source: WBP Online
© Reuters
According to the latest data, the UK trade deficit narrowed more-than-expected in the third month of the year. The country's trade gap shrank from February's revised 11.4 billion to 3.8 billion pounds, surpassing the 4.2 billion forecast, the Office for National Statistics said on Tuesday. Nevertheless, the trade deficit in the Q1 of 2016 showed a 13.3 billion reading, the highest since the Q1 of 2008.
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