U.K. TRADE GAP
Narrowed To £24m
(N.ZJ’X.-Reuter— CowjrtaM) LONDON, May 16. Britain’s trade gap—the excess of imports over exports—narrowed in April to £24,000,000, compared with £74,000,000, in March, the treasury announced today. It was £54,700,000 in April last year. Provisional figures for last month, issued bv the Board of Trade, gave the value of imports as £355.300,000. Experts Exports were valued at £318.600,000 and re-exports at £12,700,000. Reuter's financial editor says that the April trade figures are extremely good. The crude gap of only £24,000,000 is the lowest since May, 1959. The seasonal adjusted gap of £36,000,000 is the lowest since the same figure in October, 1959.
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Press, Volume C, Issue 29517, 19 May 1961, Page 15
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107U.K. TRADE GAP Press, Volume C, Issue 29517, 19 May 1961, Page 15
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