Terms of Trade in the United Kingdom increased to 101.80 Index Points in April from 101.50 Index Points in March of 2018. Terms of Trade in the United Kingdom averaged 99.02 Index Points from 1970 until 2018, reaching an all time high of 107.60 Index Points in January of 1972 and a record low of 80.10 Index Points in May of 1974.
Terms of Trade in the United Kingdom is expected to be 101.75 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Terms of Trade in the United Kingdom to stand at 102.63 in 12 months time. In the long-term, the United Kingdom Terms of Trade is projected to trend around 102.59 Index Points in 2020, according to our econometric models.