Canada's August trade deficit narrows to C$1.32 billion

Oct 11 (Reuters) - Canada posted a smaller-than-expected trade deficit of C$1.32 billion ($1.35 billion) in August from a record C$2.53 billion deficit in July as exports decreased slightly and imports fell in every sector but energy products, according to Statistics Canada data on Thursday.

Exports fell 0.1 percent as a drop in prices offset an increase in volumes, while imports decreased by 3.1 percent, due to fewer imports of industrial goods and materials.

Following are the seasonally adjusted figures in billions of Canadian dollars: Merchandise trade Aug July(rev) change pct July(prev) Balance -1.319 -2.530 n.a -2.336 Exports 37.471 37.499 -0.1 37.739 Imports 38.790 40.029 -3.1 40.075