Canada posts $0.82bln trade deficit in October

Canada posted a trade deficit of C$1.08 billion ($0.82 billion) in October as both imports and exports rose, Statistics Canada said on Thursday.

Exports were up by 0.8% in part due to higher trade in consumer goods and energy products. Imports were up by 0.5%, largely on crude oil.

Following are the seasonally adjusted figures in billions of Canadian dollars:

Merchandise trade Oct Sep (rev) change pct Sep (prev) Balance -1.078 -1.229 n/a -0.978 Exports 49.913 49.532 +0.8 49.783 Imports 50.992 50.761 +0.5 50.761

NOTE: Analysts surveyed by Reuters had on average forecast a deficit of C$1.37 billion in October, as well as C$49.30 billion in exports, and C$50.35 billion in imports. ($1=$1.3178 Canadian) (Reporting by Dale Smith)