๐Contrary to expectations, Canada recorded an unexpected trade deficit of $312 million in December, with declining exports of vehicles and crude oil contributing to the shortfall. Analysts had anticipated a $1.1 billion surplus. The second consecutive monthly drop in total exports by 1.9% was led by an 8.2% decrease in motor vehicle and energy product exports. Meanwhile, imports rose by 0.2%, driven by a record surge in consumer goods. The trade figures were affected by the Canadian dollar's appreciation in December, resulting in lower converted values when compared to the U.S. dollar.โ . ๐๐จ๐ฒ๐จ๐ญ๐ & ๐๐จ๐ง๐๐ ๐๐๐ฐ ๐๐ง๐ ๐๐ฌ๐๐ ๐ฏ๐๐ก๐ข๐๐ฅ๐๐ฌ ๐ ๐ซ๐๐ ๐ ๐๐ฌ ๐๐๐ซ๐ ๐ฐ๐ข๐ญ๐ก ๐๐ฏ๐๐ซ๐ฒ ๐ฉ๐ฎ๐ซ๐๐ก๐๐ฌ๐! ๐๐๐ง๐จ๐ฃ ๐๐จ๐ฌ๐๐ฉ๐ก ๐๐ฌ๐ฌ๐ข๐ฌ๐ญ๐๐ง๐ญ ๐๐๐ฅ๐๐ฌ ๐๐๐ง๐๐ ๐๐ซ +๐ (๐๐๐) ๐๐๐-๐๐๐๐ ๐ฆ๐๐ง๐จ๐ฃ.๐ฆ๐ฎ๐ค๐ค๐ฎ๐ง๐๐๐ง@๐จ๐ฉ๐๐ง๐ซ๐จ๐๐๐ญ๐จ๐ฒ๐จ๐ญ๐.๐๐ ๐ฐ๐ฐ๐ฐ.๐๐ซ๐๐ฆ๐ฉ๐ญ๐จ๐ง๐๐๐ฌ๐ญ๐ญ๐จ๐ฒ๐จ๐ญ๐.๐๐ ๐ ๐๐๐ซ๐ข๐ญ๐ข๐ฆ๐ ๐๐ง๐ญ๐๐ซ๐ข๐จ ๐๐ฅ๐ฏ๐, ๐๐ซ๐๐ฆ๐ฉ๐ญ๐จ๐ง, ๐๐ ๐๐๐ฌ ๐๐๐ @mukkadan.joseph . . #CanadaTradeDeficit #EconomicIndicators #ExportsDecline #ImportRise #ConsumerGoodsSurge #CanadianDollarAppreciation #TradeBalance #mnm #malayalisnearmeapp #canadaupdate #canadanews
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