The UK trade deficit widened in the month of September as exports decreased by £0.2 billion and imports grew by £1.2 billion, emphasised by the fall in the value of the pound. The Government had hoped that the depreciation of the pound in recent months may have spurred exports and reduced imports but it appears to have had little effect per the Office of National Statistics. "So far there is little evidence in the data of the lower pound feeding through into trade volume or prices” said ONS statistician Hannah Finselbach.
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