ECONOMICS COMMENTARY
Jan 09, 2014
UK exports rise in November, but remain oddly lacklustre compared to surveys
Official data indicated that UK goods exports rebounded in November, but the recent trend remains far weaker than indicated by business surveys. The weakness is also at odds with the general upward trend in global economic growth. The divergence is a puzzle, and suggests that the official data may have been understating trade growth in recent months.
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