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Q3 Current Account Deficit Falls To 7-Year..>

UK DATA
UK DATA: Q3 Current Account Deficit Falls To 7-Year Low
-UK Q3 Current Account Deficit Stg15.860bn from Stg24.152bn Q2
-UK Q3 Trade Deficit Narrows to Stg410m, lowest since Q1 1998
-UK Q3 Net Trade adds 2.41pp to GDP, up from 1.22pp previous estimate
-UK Q3 Current Account Deficit 2.8% of GDP vs 4.4%
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The UK current account deficit narrowed dramatically in the third 
quarter, courtesy of sharp fall in the trade deficit. The trade gap 
declined to 0.1% of GDP, also the lowest ratio since the first quarter 
of 1998. 

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