–Q4 Current Account Deficit Stg8.451bn Vs Stg10.515bn Q3
LONDON (MNI) — The UK’s current account deficit narrowed
in Q4 following a sharp downward revision to the shortfall in the
previous quarter, figures from National Statistics revealed Wednesday.
The current account deficit narrowed to Stg8.451 billion in Q4 from
Stg10.515 billion in Q3, in line with the median forecast.
Revisions to UK investment abroad data meant that the Q3 shortfall
was revised lower from an initially estimated Stg15.226 billion figure.
–London newsroom: 44 20 7634 1655; email: puglow@marketnews.com
[TOPICS: MABDS$,M$B$$$,MT$$$$]