UK trade deficit drops

Construction workers erect scaffolding in the financial district of the City of London.

Construction workers erect scaffolding in the financial district of the City of London.

Published Dec 10, 2013

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London - Britain's trade deficit for goods with the rest of the world dropped in October but reached a record high with the European Union, official data showed on Tuesday.

The overall deficit decreased to £9.7 billion ($15.9 billion, 11.6 billion euros) compared with £10.1 billion in September, the Office for National Statistics said in a statement.

With the EU, the trade in goods balance reached a record deficit of £6.5 billion, the ONS said. - Sapa-AFP

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