UK: Goods trade deficit narrows slightly more than expected in December

UK Trade deficit narrowed to £8.897 billion in December from £9.275 billion in November, according to data released today by National Statistics. Analysts expected the deficit to narrow only to £8.930 billion.

Total trade deficit narrowed to £3.200 billion, from £3.577 billion, as expected. Trade deficit non-EU narrowed to £4.230 billion from £4.618B billion, slightly more than market consensus of narrowing only to £4.250 billion.