Brexit Bounce as U.K. Goods Exports Hit New High — Panjiva
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Brexit Bounce as U.K. Goods Exports Hit New High

Brexit 176 China 3006 European Union 849 Trade Balance 933 U.S. 5354 United Kingdom 378

British exports of goods jumped 17% in October vs. a year earlier to their highest ever according to official figures. The resulting deficit was 18% narrower than economists expected, but allowances need to be made for statistical corrections by the ONS. The weaker pound helped exports jump, with U.S.-bound goods increasing 5% after a 10% slump the month before. Panjiva data shows a further increase in exports to the U.S. of 14% is possible in November. Exports to the EU also rose, in contrast to Germany, but trade deals post-Brexit will be needed. China may be near the top of the list o...

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