U.K. trade deficit falls, industrial output rises

|By:, SA News Editor

The U.K.'s total trade deficit narrowed slightly to £2.62B in October from £2.64B in September.

The goods deficit fell to £9.73B from £10.1B and was above forecasts of £9.35B. The surplus of services was £7.1B. (PR)

As expected, industrial production +3.2% on year vs +2.2% in September.

On month, output +0.4% in October v +0.9% in September and forecasts +0.3%.

Manufacturing production +2.7% on year vs +0.7% and +2.9%.

On month, output +0.4% vs +1.2% and +0.4%. (PR)

The pound is +0.05% to $1.6437, while the FTSE is +0.1%.

ETFs - Stocks: FKU, EWU, EWUS, DXPS. Currency: GBB, FXB.