U.K. April Trade Gap Narrows as Imports Fall More Than Exports

Britain’s trade deficit narrowed more than economists forecast in April as imports declined faster than exports.

The goods trade gap was at 8.2 billion pounds ($12.8 billion) compared with 9.2 billion pounds in March, the Office for National Statistics said today in London. The median forecast in a Bloomberg News survey of 19 economists was for 8.8 billion pounds. Exports fell 1.4 percent and imports declined 3.8 percent.