Details of the December 2015 UK visible trade balance data report 9 February 2016
– Prior -10.64bn. Revised to -11.50
– Non-EU trade bal -2.36bn vs -2.50bn exp. Prior -2.45bn. Revised to -3.54bn
Better headline, worse revisions. A lot of the better headline number is being put down to the drop in oil prices but analysts are worried that the Q4 increase in the global trade balance is going to hamper the Q4 revisions