Trade Balance
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*Canada unexpectedly sheds 54,500 jobs in March. *Canada trade deficit rises to C $1.02 billion. OTTAWA, April 5- Canada posted the single worst monthly jobs loss in more than four years in March, another sign the economy is struggling to cope with weak foreign markets and a strong Canadian dollar.
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WASHINGTON, April 5- The U.S. trade gap narrowed unexpectedly in February as crude oil imports fell to their lowest level since March 1996 and overall exports increased slightly, a U.S. Commerce Department report on Friday showed. The consensus estimate of Wall Street analysts surveyed before the report was for the trade gap to widen slightly to $44.6 billion.
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WASHINGTON-- The U.S. trade deficit likely widened in February for a second consecutive month, reflecting a rising foreign oil bill. The Commerce Department will release the report at 8:30 a.m. EDT Friday. In January, the deficit increased by a sharp 16.5 percent to $44.4 billion, as U.S. exports fell, reflecting declines in sales to Europe, China, Japan and Brazil.
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*Indonesia posts $330 million Feb trade deficit. And while core inflation is better behaved, the inflation spike raises the risk of a Bank Indonesia rate increase at the next meeting, "said Chua Hak Bin, economist at Bank of America Merrill Lynch in Singapore.
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*Posts $330 million Feb trade deficit. JAKARTA, April 1- Indonesia had another trade deficit in February and the inflation rate last month accelerated, underlining the challenges that face a new central bank governor and whoever replaces him as finance minister of Southeast Asia's biggest economy.
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JAKARTA, April 1- Indonesia revised its trade deficit figure for January to $70 million from $170 million previously, the statistics bureau said on Monday. The revision came as the statistics bureau put the value for January exports at $15.37 billion, down slightly from $15.39 billion previously, and imports at $15.44 billion, versus $15.55 billion previously.
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MUMBAI, March 28- India said on Thursday it would do what was needed to tackle its current account deficit, after heavy oil and gold imports together with muted exports drove the gap to a record high in the December quarter.
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MUMBAI, March 28- India's current account deficit widened to a record high 6.7 percent of GDP in the December quarter, driven by heavy oil and gold imports and muted exports, in a worse-than-expected performance that will keep the rupee currency under pressure.
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SEOUL, March 28- South Korea's seasonally adjusted current account surplus fell to $4.45 billion in February from a revised $6.59 billion in January, when it hit an all-time high, central bank data showed on Thursday.
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LONDON, March 27- Britain looks headed for recession and its current account deficit last year was the worst since 1989, data showed on Wednesday, dimming government hopes of a growth boost from exports and investment.
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By Olesya Dmitracova and Kate Holton. LONDON, March 27- Britain looks headed for recession and its current account deficit last year was the worst since 1989, data showed on Wednesday, dimming government hopes of a growth boost from exports and investment.
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MADRID, March 27- Spain's current account was in deficit to the tune of 2.64 billion euros in January, up from a 4.71- billion-euro deficit in the same month a year earlier, the Bank of Spain said on Wednesday. The trade deficit alone stood at 2.86 billion euros in January. Spain also registered capital inflows of 30.4 billion euros in the first month of 2013..
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STOCKHOLM, March 27- Sweden's trade surplus rose in February to 7.1 billion Swedish crowns from a revised 6.2 billion in January, the statistics office said on Wednesday. KEY FIGURES: Feb 2013 Jan 2013 Trade balance 7.1 6.2* Exports of goods 87.6 92.4* Imports of goods 80.5 86.2*.
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March 27- French national statistics office INSEE gave the following final GDP data on Wednesday for the fourth quarter of 2012 and the full year: QUARTERS YEARS Q1'12 Q2'12 Q3'12 Q4'12 2011 2012 Total GDP -0.1 -0.1 0.2 -0.3 1.7 0.0 Imports -0.1 1.6 -0.2 -1.2 5.2 -0.3 Household consumption 0.2 -0.3 0.1 -0.1 0.2 -0.1 Public consumption 0.6 0.5 0.4 0.3 0.2 1.4 Investment -1.0 0.3 -0.4 -0.8 3.5 0.0- Business investment -1.6 0.4 -0.6 -0.8 5.1 -0.5- Household investment -0.5 -0.1 -0.1 -0.9 3.2 0.4- Public investment -0.7 0.6 -0.2 -0.8 -1.8 0.2 Exports -0.1 0.4 1.0 -0.6 5.5 2.5 Contributions to growth: Domestic demand exstocks 0.1 0.0 0.1 -0.1 0.9 0.3 Stocks variations -0.2 0.3 -0.2 -0.4 0.8 -1.0 Trade balance 0.0 -0.4 0.3 0.2 0.0 0.7.
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*Turkey is Europe's biggest light commercial vehicle maker. By Evren Ballim and Birsen Altayli. Turkey aims to boost exports to reduce its current account deficit, the country's main economic weakness, and aims to almost quadruple auto industry exports to $75 billion by 2023- close to a fifth of total exports- from $20 billion last year.
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BERLIN, March 26- A planned free trade agreement between the European Union and United States should not completely liberalise agricultural trade, the president of the association of German farmers' association DBV said on Tuesday. Germany has an agricultural trade deficit with the United States, the association calculates.
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March 26- The Census and Statistics Department released the following data showing a visible trade deficit of HK $33.99 billion in February: 2013 2013 2012 Feb Jan Feb Trade balance -33.99 -27.46 -45.79 Domestic Exports 3.29 4.49 4.36 Re-exports 212.46 300.33 255.39 Total exports 215.74 304.82 259.75 Imports 249.73 332.28 305.54.
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*Feb gap revised to $94 mln deficit vs estimated $900 mln surplus. HANOI, March 26- Vietnam's trade data released by the government's General Statistics Office on Tuesday:. -Import demand was high in February when Vietnam marked Tet, the Lunar New Year festival, while export activities were scaled down during the long market holiday.
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MANILA, March 26- Philippine imports in January fell 8.0 percent from a year earlier, their first fall in five months, and the value of shipments in the month fell to the lowest since December 2011, the statistics office said on Tuesday. The country posted a trade deficit of $714 million in January, data showed.
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*Electronics imports fall 14.4 pct yr/yr to $1.15 bln. *Jan trade deficit at $714 mln vs yr-ago deficit of $1.01 bln. MANILA, March 26- Philippine imports in January fell 8.0 percent from a year earlier, the statistics office said on Tuesday.