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September 28, 2018UK CURRENT ACCOUNTS, Q2 2018 The UK posted a current account deficit of £20.3 billion (3.9 per cent of GDP) in the 2nd quarter of 2018, up £4.6 billion from a revised £15.7 billion deficit posted in the first quarter of 2018.
- The UK goods and services trade deficit widened by £2.9 billion to £6.1 billion.
- The deficit in goods widened by £2.7 billion to £34.7 billion, while the surplus in services declined by £0.2 billion to £28.6 billion.
- The net primary income deficit increased by £2.1 billion to £8.8 billion.
- The net secondary income transfers deficit decreased by £0.3 billion to £5.4 billion.
Total net trade deficit increased to £6.1 billion as the net services surplus declined to £28.6 billion, and the net goods deficit increased to £34.7 billion
Goods exports decreased £0.3 billion to £85.9 billion, and goods imports increased £2.4 billion to £120.6 billion for an increased deficit of £34.7 billion.
Services exports increased £60 million to £71.7 billion, and services imports increased £211 million to £43.0 billion, for a decreased surplus of £28.6 billion.
Source:
Office for National Statistics | Data
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