(Reuters) - Merchandise exports inched down 0.3 percent from the
previous month to C$40.67 billion, while imports slid 2.2
percent to C$34.91 billion. The resulting surplus was above
analysts' average forecast of C$4.9 billion, according to a
Reuters poll.
Exports, which account for about 40 percent of gross
domestic product, took a beating from a decline in automotive,
energy and forestry shipments. That weakness outweighed the
record high value for exports of industrial goods and
materials, led by metals.
Read more at Reuters.com Economic News
previous month to C$40.67 billion, while imports slid 2.2
percent to C$34.91 billion. The resulting surplus was above
analysts' average forecast of C$4.9 billion, according to a
Reuters poll.
Exports, which account for about 40 percent of gross
domestic product, took a beating from a decline in automotive,
energy and forestry shipments. That weakness outweighed the
record high value for exports of industrial goods and
materials, led by metals.
Read more at Reuters.com Economic News
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