Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

14th Mar 2022 18:00U.K., Daily Monitor

  • January's record large trade deficit was not just due to erratic items; higher energy prices are partly to blame.
  • U.K. exporters also are continuing to lose market share; no reason to expect a turnaround this year.
  • Imports will continue to rise quickly, driven by higher energy prices and the recovery in outbound tourism.

brexit covid-19 deficit e.u. energy energy prices exporters exports gas prices imports January manufacturers manufacturing manufacturing pmi natural gas natural gas prices netherlands oil ONS pmi survey data trade trade deficit transport transport services

This publication is only available to UK Economic Research (Monitor) subscribers

Related Publications

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.

U.S. Economic Research
Eurozone Economic Research
Latin America Economic Research
UK Economic Research
Asia Economic Research
 

Sign up for your complimentary trial

To start your complimentary trial, highlight the areas you are interested in subcribing to and click next.

United States

Eurozone

United Kingdom

China +

Emerging Asia

Latin America

Next

 
Consistently Right
Access Key Enabled Navigation
Keywords for: This Year's Trade Deficit will be the Largest Since the Late 1980s

brexit, covid-19, deficit, e.u., energy, energy prices, exporters, exports, gas prices, imports, January, manufacturers, manufacturing, manufacturing pmi, natural gas, natural gas prices, netherlands, oil, ONS, pmi, survey data, trade, trade deficit, transport, transport services, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence