Yael Selfin, Economics Director at KPMG comments on today’s ONS trade figures for June 2014. She said:
“The latest trade figures show improvement in exports of goods to the EU, but a disappointing fall in exports to the rest of the world; with goods exports to some of the UK’s key trading partners such as US and China falling in Q2. UK Plc has successfully shifted its attention to some of the stronger markets but exports remain disproportionally focused on weaker European economies.”
Ann Burton, KPMG Press Office
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