Financial Times FT.com

Oil imports push up UK trade deficit

By Daniel Pimlott, Economics Reporter

Published: August 11 2009 10:53 | Last updated: August 11 2009 10:53

Britain’s trade deficit widened in June but remains on a declining trend, as the weaker pound encourages exports and deters imports.

The deficit in goods with the rest of the world rose to £6.5bn in June from £6.2bn in May, the Office for National Statistics reported, as imports of oil rose, probably because of lower summer production of North Sea oil.

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