Balance of Trade Deficit

HC Deb 18 January 1988 vol 145 c233W

43. Mr. Wareing

To ask the Chancellor of the Duchy of Lancaster if he will make a statement on the balance of trade deficit in manufactured goods.

Mr. Alan Clark

In the first 11 months of 1988 the provisional estimate of the seasonally adjusted deficit on trade in manufactured goods was £13.5 billion.

49. Mr. Cryer

To ask the Chancellor of the Duchy of Lancaster what is the current level of deficit in the balance of trade; and if he will make a statement.

Mr. Alan Clark

The current account is provisionally estimated to have been in deficit by about £13.4 billion on a seasonally adjusted basis in the first 11 months of 1988.