Read more

Australia posted a merchandise trade surplus of A$15.077 billion in August, the Australian Bureau of Statistics said on Tuesday.

That easily exceeded expectations for a surplus of A$10.3 billion and was up from A$12.117 billion in July.

Exports were up 4.0 percent on month or A$1.923 billion to A$48.524 billion after rising 5.0 percent a month earlier.

Imports fell 1.0 percent on month or A$506 million to A$33.446 billion after rising 3.0 percent in July.


Please enter your comment!
Please enter your name here