Canada October trade deficit narrows to C$1.47 billion

[December 05, 2017]  (Reuters) - Canada's trade deficit in October narrowed to C$1.47 billion ($1.17 billion) as exports increased after four consecutive monthly declines, Statistics Canada said on Tuesday.

A truck is loaded with a container at the Port of Montreal, September 27, 2010. REUTERS/Shaun Best

Imports fell on motor vehicles and parts, while exports were led by basic and industrial chemical, plastic and rubber products.

NOTE: Analysts surveyed by Reuters had on average forecast a deficit of C$2.70 billion in October.

((Reporting by Dale Smith; Editing by David Ljunggren))

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