British exports fall to lowest level in four years

British exports fell to the lowest level in four years in August, led by a decline in oil and chemicals, new figures from the Office of National Statistics showed today.

10th October, 2014
British overseas sales dropped by 2.38%

British exports fell to the lowest level in four years in August, led by a decline in oil and chemicals, new figures from the Office of National Statistics showed today.

Overseas sales dropped by 2.38 per cent to £23.2 billion, the least since September 2010.

Imports slid 5.8 per cent, led by a £1.1 billion drop in erratic items including aircraft, ONS said.

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