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Sunday, 09 May 2021 02:39 GMT

UK exports to EU recover after fall


( MENAFN )Business between the UK and EU partly rebounded in February, after a sharp fall in January following Brexit.

Official numbers reveal that exports to the EU increased by 46.6 percent, £3.7bn, to £11.6bn, after January's 42 percent drop when companies resisted with new trade regulations.

Though, the Office for National Statistics stated that exports were still below last year's levels and imports from the EU had seen a weaker revival.

Other numbers from the ONS revealed that the UK economy augmented by 0.4 percent in February.


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