January 11, 2017 - 15:00 AMT
UK's trade deficit deteriorates sharply in November

The UK's trade position deteriorated sharply in November from the previous month, BBC News reports.

The deficit on trade in goods and services was estimated at £4.2bn in November, up from £2.6bn in October.

The widening gap reflects a £3.3bn surge in imports according to the Office for National Statistics (ONS).

For the three months to the end of November the trade deficit rose a more modest £0.1bn to £35.9bn. That was compared to the three months to August.

For November, the deficit on trading in just goods (and not services) increased to £12.2 billion, widening by £2.3 billion from October.

A £1.4bn rise in machinery and transport equipment imports was the biggest contributor to that figure the ONS said.

In particular the ONS noted a rise in imports of laptops and tablets from China. It also highlighted a rise in transport goods, which includes ships and railway equipment, from countries outside the European Union.