FXstreet.com (Barcelona) – US deficit in goods and services trade with the rest of the world has widened against expectations in November, according to data by the Commerce Department.

Goods and services trade deficit has increased 1.1% in November to $57.2 billion, from upwardly revised $56.56 billion deficit posted in October, previously estimated $56.47 billion.

November’s deficit has taken the market by surprise as analysts expected the third consecutive decline in trade deficit to around 52.8 billion. US trade gap has been declining continuously since July.

US exports have decreased 2.2% to $151.73 billion from $155.09 billion, while imports dropped fell 1.3% to $208.92 billion from $211.65 billion.