Details of the June 2015 UK trade balance data report 7 August 2015

  • Prior -8.00bn. Revised to -0.8419bn
  • Non-EU trade -1.620bn vs -2.40bn exp. Prior -1.57bn. Revised to -1.341bn
  • Exports -1.0%
  • Imports +1.5%
  • Goods trade exports -0.5% vs +3.0% prior
  • Imports +3.8% vs -3.4% prior
  • Total goods and services trade balance -1.601bn vs -0.885bn prior

We also got Q2 numbers from the ONS with the total trade balance at -4.812bn vs -7.496bn in Q1. The smallest deficit since Q2 2011

Q2 goods trade balance was -27.440bn vs -30.419bn in Q1. Smallest since Q2 2013

Not that any of it means a jot to the pound right now, but the better than expected numbers are likely to add some upside to the next GDP revision

UK trade balance