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UK trade deficit widens in August from July

The U.K.'s trade deficit, excluding erratic commodities, widened by £1.7 billion to £4.6 billion in August from July as imports of goods increased by £1.8 billion during the month, the Office for National Statistics said.

The trade deficit for July was revised to show a rise of £1.4 billion, due to a £900 million upward revision to imports of goods and a £600 million upward revision to imports of services, partly offset by an upward revision of £200 million to exports of goods and services.

For the three months to August, the total trade deficit, excluding erratic commodities, widened by £2.9 billion to £10.8 billion, compared with the three months to May. The goods deficit widened by £3.8 billion, while the services surplus increased by £800 million.

During the quarter ended August, exports of goods to the EU increased by £1.7 billion, while imports of goods from EU countries rose by £2.0 billion, compared with the three months to May. Exports of goods to non-EU countries decreased by £4.0 billion, and imports of goods from non-EU countries increased by £2.6 billion.