Canada Q3 current account balance -$7.5B vs -$9.0B expected
Canada third quarter current account data
- Q2 was -$8.6B
- Q3 2019 was -$11.5B
A larger deficit in trade in goods and services was moderated by a higher investment income surplus in the quarter.
Separately, the Canadian PPI report showed prices down 0.4% in October with raw materials prices up 0.5%.