Britain's Trade Deficit Narrowed In June
New data show the trade deficit in Britain was helped by a healthy rise in exports, which hit $67 billion in June. That's a new high. The strong performance indicates Britain may finally be emerging from years of stagnation.
LINDA WERTHEIMER, HOST:
NPR's business news starts with good numbers for the U.K.
New data this morning shows Britain's trade deficit narrowed more than expected in June, helped by a healthy rise in exports. Exports hit $67 billion in June. That's a new high for the U.K. The strong performance indicates Britain may finally be emerging from years of stagnation.
Copyright © 2013 NPR. All rights reserved. Visit our website terms of use and permissions pages at www.npr.org for further information.
NPR transcripts are created on a rush deadline by an NPR contractor. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.