UK export growth slowed at the end of 2015 on the face of considerable challenges, the latest quarterly International Trade Outlook report from the British Chambers of Commerce and DHL showed Friday.
Export sales and orders across manufacturing and services sectors fell significantly in the fourth quarter of 2015.
The trade confidence index dropped by 2.5 percent in the fourth quarter from last year.
Among manufacturers, the balance of firms reporting improvements in export sales dropped to 1 percent from 10 percent. In services, the exports sales balance slid to 15 percent and export orders to 9 percent, the lowest since late 2011.
Slowing growth in China and the US, along with the continued weakness in the Eurozone, have made it harder for firms to build momentum, John Longworth, Director General of BCC, said.
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