Australia Has A$8.324 Billion Trade Surplus In August


By RTTNews Staff Writer   ✉   | Published:

Australia posted a seasonally adjusted merchandise trade deficit of A$8.324 billion in August, the Australian Bureau of Statistics said on Thursday.

That was shy of expectations for a surplus of A$10.1 billion and was down from the upwardly revised A$8.967 billion surplus in July (originally A$8.733 billion).

Exports rose A$1.434 billion or 2.6 percent on month to A$56.774 billion after sinking 10.0 percent in the previous month.

Imports gained A$2.077 billion or 4.5 percent on month to A$48.450 billion after rising 5.0 percent a month earlier.

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