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UK exports hit 13-month high
UK exports in November reached their highest rate in over 13 months, according to data released by the Office for National Statistics.
Exports rose to £20.2bn, the most since October 2008, driven by sales of consumer goods and chemicals.
"A narrowing trade balance is consistent with a rebalancing of the external and internal sectors of the economy and it's certainly a trend which we hope is maintained over the next couple of years," said Philip Shaw, an analyst at Investec.
Post Date: January 12th, 2010
Exports rose to £20.2bn, the most since October 2008, driven by sales of consumer goods and chemicals.
"A narrowing trade balance is consistent with a rebalancing of the external and internal sectors of the economy and it's certainly a trend which we hope is maintained over the next couple of years," said Philip Shaw, an analyst at Investec.
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Post Date: January 12th, 2010
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