October 2012

• Seasonally adjusted, the UK’s deficit on trade in goods and services was estimated to have been £3.6 billion in October, compared with a deficit of £2.5 billion in September.
• There was a deficit of £9.5 billion on goods, partly offset by an estimated surplus of £5.9 billion on services.
• Excluding oil and erratic items, the deficit on trade in goods was £22.9 billion in the three months to October. This was £0.5 billion higher than in the preceding three months, but £0.4 billion less than the deficit in the three months to October 2011.
• Exports and imports price indices have now been reinstated in this Bulletin. Export prices (excluding oil and erratics) fell by 1.8% in the latest three months; import prices fell by 0.9% in the same period.