But this reversal of the goods export growth in June and lackluster output performance is disappointing, given PMIs suggest that UK manufacturing has turned a corner – so far this doesn’t seem to be appearing in the data. x.com/JamesSmithRF...

Comparing the year to date with last year we see goods trade volumes remain down, led by weaker goods exports to the EU (which fell 5.4%). Meanwhile, services trade volumes continue to show reasonable growth on last year.