Canada July trade deficit narrows to C$3.0 billion on price decreases

[September 06, 2017]  (Reuters) - Canada's trade deficit in July narrowed to C$3.04 billion ($2.45 billion) from a revised C$3.76 billion shortfall in June, as both imports and exports fell as an effect of widespread price decreases and an appreciating Canadian dollar, Statistics Canada said on Wednesday.

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

Imports declined in all commodity sections in June, while exports suffered from price decreases, especially in motor vehicles and parts.

NOTE: Analysts surveyed by Reuters had on average forecast a deficit of C$3.10 billion in July.

((Reporting by Dale Smith; Editing by Leah Schnurr))

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