Tuesday, December 22, 2009

The deficit of current account balance of payments of the UK has risen slightly for the third quarter

Deficit of current account balance of payments amounted to 4.7 billion British pounds for the III quarter of this year compared with 4.4 billion pounds in the previous quarter, reports the National Statistics Office. Thus analysts predicted an increase in the deficit to 8.1 billion pounds. The deficit of current account balance of payments has increased over the reporting period due to the reduction of the surplus income of 1.5 billion pounds to 6.7 billion pounds. The deficit on current transfers fell by 0.6 billion pounds to 3.6 billion pounds. surplus on trade in services rose during the reporting quarter to 0.4 billion pounds to 11.8 billion pounds.

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