British official trade deficit narrows in April

9th June 2011, Comments 0 comments

Britain's trade-in-goods deficit narrowed in April from the level in March as falling imports offset a slight rise in exports, official data showed on Thursday.

The deficit fell to £7.4 billion (8.3 billion euros, $12.2 billion) in April, the Office for National Statistics (ONS) said in a statement.

It had stood at £7.7 billion in March, while analysts had forecast a deficit of £7.6 billion in April according to a survey by Dow Jones Newswires.

Exports rose by just 0.1 percent and imports dropped by 0.9 percent in April, the ONS added.

© 2011 AFP

0 Comments To This Article