Australia - Trade balance for August: AUD 5926m (expected 6,000m surplus)

Author: Eamonn Sheridan | Category: News

Trade data from Australia a miss for the month at +5926m AUD

  • expected 6,000m surplus
  • prior 7253m surplus, revised from 7,268m surplus
  • exports -3% m/m
  • imports flat at 0.0% m/m 

Exports have been a bright spot for the Australian economy. Commodity prices are off the boil though, so the stellar performance is going to cool a little.

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