By Maximilian Clarke
The UK’s trade deficit has widened still further, as low confidence among the UK’s chief trading partners reduces demand for UK goods and services.
The goods trade deficit rose from £8.6bn to £9.8bn from August to September as the services surplus remained unchanged at £5.9bn, the Office for National Statistics' latest monthly figures show.
A 2.1% increase in the price of goods further damaged UK export confidence, contributing to a £286bn reduction in the export of semi-manufactured goods.
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