12th Dec 2025 07:58
(Alliance News) - The UK's trade deficit increased sharply in the three months to October, the Office for National Statistics reported Friday.
The goods and services trade deficit widened by GBP4.0 billion to GBP6.7 billion in the three months to October 2025.
The trade in goods deficit widened by GBP3.9 billion to GBP60.5 billion in the three months to October, while the trade in services surplus is estimated to have remained unchanged at GBP53.8 billion.
The value of goods imports increased by around GBP800 million, or 1.5%, in October, while the value of goods exports rose by GBP1.5 billion, or 5.2%.
Exports of goods to the US, including precious metals, rose by GBP1.1 billion or 27%, while imports rose by GBP2.2 billion or 52%.
Separately, the ONS reported that UK production output is estimated to have increased by 1.1% in October from September, better than the FXStreet-cited expectation of a 0.7% month-on-month uptick, and after a decline of 2.0% in September from August.
On an annual basis, industrial production decreased 0.8% in October, but improved upon the 2.5% decline in September and the FXStreet-cited market consensus of a 1.2% fall.
By Tom Budzus and Emma Curzon, Alliance News reporters
Comments and questions to [email protected]
Copyright 2025 Alliance News Ltd. All Rights Reserved.