Canada Economics

Canada Data Response
09 March, 2012

International Merchandise Trade (Jan.)

January’s 2.3% m/m decline in exports, mostly due to lower energy and metal prices, trimmed Canada’s trade surplus to C$2.1bn from C$2.9bn. More importantly, export volumes, after increasing strongly in December, only dipped slightly. Overall, the data indicates that net exports will contribute positively to first-quarter GDP growth, suggesting upside risk to our forecast of 1.5% annualised. ...

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article

Log in



Follow @CapEconomics

New Book

The Trouble with Europe

by Roger Bootle

"Right on every count"
The Guardian

Buy now on Amazon

Get the App

The Capital Economics app is a new way for clients to keep up to date with our latest research.