April 2, 2020 / 12:50 PM / 2 months ago

Canada posts C$983 mln trade deficit in February

    OTTAWA, April 2 (Reuters) - Canada posted a trade deficit of
C$983 million ($694 million) in February as both exports rose
and imports declined, Statistics Canada said on Thursday.
    Exports were up by 0.5%, largely on an increase in private
jets. Imports fell by 0.8%, largely on crude oil.
    Following are the seasonally adjusted figures in billions of
Canadian dollars: 
 Merchandise   Feb         Jan (rev)   change pct  Jan (prev)
 trade                                             
 Balance       -0.983      -1.656      n/a         -1.473
 Exports       48.341      48.086      +0.5        48.135
 Imports       49.324      49.743      -0.8        49.609
 NOTE: Analysts surveyed by Reuters had on average forecast a
deficit of C$1.87 billion in February.
    ($1=$1.4164 Canadian) 


 (Reporting by Dale Smith, Editing by Kelsey Johnson)
  
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