There was a seasonal deficit on trade in goods and services of £3.5bn in the month of September. The results for Q3 were an £8.4bn deficit compared with £8.6bn in Q2. The deficit in trade in goods alone was £7.2bn. The seasonally adjusted surplus of trade in services was £3.7bn. The volume of exports, excluding oil and erratics, was 0.2% lower, but the volume of imports was 4.1% higher compared with August. Both export and import prices rose by 1.1% in September compared with August.
The total value of exports in September was £19.4bn and increase of £0.7bn and the total value of imports rose by £1.9bn to £26.6bn. In Q3 2009 the trade in goods deficit was £19.8bn, down £0.1bn, total exports rose by £2bn to £56.9bn and total imports by £1.9bn to £76.7bn.
At the commodity level, important factors in September were capital goods and oil exports and imports of cars, aircraft, chemicals and intermediate goods. Quarterly figures show that cars, chemicals and oil were important exports and oil and cars were also important imports.
The EU-wide trade deficit widened to £3.4bn compared with £3bn in August. EU exports rose to £10.9bn (up £0.6bn or 6.2%) and imports to £14.3bn (up £1bn or 7.8%). Again the most significant factors were oil, cars and capital goods. Trade within the G7 export trade during September compared with August fell by £0.2bn with the USA, the largest among the G7 countries. Import trade within the G7 from Germany rose by £0.4bn. Imports from South Africa rose by £0.2bn. Over the quarter within the G7, exports to the US rose by £0.5bn and to germany and France both by £0.4bn. Imports from Germany rose by £0.8bn but imports from the USA fell by £0.5bn.
The volume of exports fell by 0.2% in the month to September but the volume of imports rose by 4.1%. Over the quarter, exports rose by 3.6% and imports by 3.5% compared with Q2. The terms of trade were unchanged in September as both import and export prices rose by 1.1%. There was an increase in the terms of trade between Q2 and Q3 because export prices rose by 0.6% but import prices fell by 0.4%.
The surplus on trade in services narrowed to £3.7bn in September from £3.9bn in August. Total exports fell by £0.1bn to £13.2bn but imports rose £0.1bn to £9.5bn. In Q3 the surplus on trade in services widened to £11.4bn. Total exports rose to £39.7bn (up £0.3bn or 0.9%) and imports rose to £28.3bn (up £0.2bn or 0.8%).
Showing posts with label car prices. Show all posts
Showing posts with label car prices. Show all posts
Wednesday, 11 November 2009
Thursday, 17 September 2009
Mixed Fortunes Across Retail In August
The value and the volume of retail sales increased in August, the value by 1.6% and the volume by 2.1%. Value and volume also both increased in the quarter to August at 2.2% and 2.7% respectively.
The classifications that contributed most to the increase in value included food which was 5.5% higher than last year, and non-store retailing and repair at 10.7% higher than a year ago. Predominantly non-food stores fell by 2.8%. Within the non-food sector household goods stores fell by 3.7% and textile, clothing and footwear stores fell by 3.2%.
In terms of volume the main contributors to the 2.1% rise were food stores at 3.3%, the non-store retailing and repair sector was 12.4% higher than last year.
Prices were estimated to be 0.4% lower than August last year. The household good stores price deflator was 0.5% up on the year and positive for the first time since February 1988. The value of Internet sales was £173.6 million or 3.3% of all retail sales.
Of the businesses that responded to the ONS survey 785 were large businesses and 714 were small and medium businesses. A majority in both sectors, 465/320 and 404/310, reported an increase in retail sales over the year covered by the survey.
The classifications that contributed most to the increase in value included food which was 5.5% higher than last year, and non-store retailing and repair at 10.7% higher than a year ago. Predominantly non-food stores fell by 2.8%. Within the non-food sector household goods stores fell by 3.7% and textile, clothing and footwear stores fell by 3.2%.
In terms of volume the main contributors to the 2.1% rise were food stores at 3.3%, the non-store retailing and repair sector was 12.4% higher than last year.
Prices were estimated to be 0.4% lower than August last year. The household good stores price deflator was 0.5% up on the year and positive for the first time since February 1988. The value of Internet sales was £173.6 million or 3.3% of all retail sales.
Of the businesses that responded to the ONS survey 785 were large businesses and 714 were small and medium businesses. A majority in both sectors, 465/320 and 404/310, reported an increase in retail sales over the year covered by the survey.
Thursday, 21 May 2009
CPI And RPI Up In April
The Consumer Prices Index rose for the 4th month in a row in April by 2.3% to 110.1 compared to 2.9% in March mainly due to food and non-alcoholic beverages. The Retail Prices Index (RPI) grew more slowly but gained for the 4th month in a row in April as the % increase over 12 months fell again this time by 1.2% to 211.5 from 211.3 in March with the largest contribution from mortgage interest payments. The RPI excluding mortgage interest payments also continued to rise but again the increase was less than previous months at 1.7%.
Large downward contributions to the CPI were made by housing and household services, due to electricity and gas bills, restaurants, hotels, recreation and culture and food and beverages, vegetables and meat. Smaller downward contributions came from fruit, bread and cereals. Small partial offsetting effects were noticeable from insurance costs, AV equipment, cultural services and cable TV subscriptions. Large upward contributions came from vehicles, fuels and lubricants and air transport.
The main downward contributions to the RPI were from mortgage interest payments, house depreciation, rent, council tax and house insurance. Other downward contributions came from electricity and gas bills, food, alcoholic drinks and tobacco. There was a small downward contribution from catering. The largest upward contribution came from motoring, where car prices and car sales were both up on last year, fuel, vehicle tax and insurance. Household services also made an large upward contribution as landline telephone charges went up by more than last year and there was a small contribution from household goods.
The difference between the CPI and the RPI was 3.44% the main factors were mortgage interest payments and other housing components.
Large downward contributions to the CPI were made by housing and household services, due to electricity and gas bills, restaurants, hotels, recreation and culture and food and beverages, vegetables and meat. Smaller downward contributions came from fruit, bread and cereals. Small partial offsetting effects were noticeable from insurance costs, AV equipment, cultural services and cable TV subscriptions. Large upward contributions came from vehicles, fuels and lubricants and air transport.
The main downward contributions to the RPI were from mortgage interest payments, house depreciation, rent, council tax and house insurance. Other downward contributions came from electricity and gas bills, food, alcoholic drinks and tobacco. There was a small downward contribution from catering. The largest upward contribution came from motoring, where car prices and car sales were both up on last year, fuel, vehicle tax and insurance. Household services also made an large upward contribution as landline telephone charges went up by more than last year and there was a small contribution from household goods.
The difference between the CPI and the RPI was 3.44% the main factors were mortgage interest payments and other housing components.
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