Australia October Trade Surplus A$5.953 Billion

Australia posted a seasonally adjusted merchandise trade surplus of A$5.953 billion in October, the Australian Bureau of Statistics said on Thursday. That beat expectations for a surplus of A$4.530 billion following the downwardly revised A$4.532 billion surplus in September (originally A$4.609 billion). Exports rose 3.6 percent on month to A$42.148 billion after falling a downwardly...

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Australia Has A$14.149 Billion Current Account Deficit

Australia posted a seasonally adjusted current account deficit of A$14.149 billion in the third quarter of 2024, the Australian Bureau of Statistics said on Tuesday. That missed forecasts for a shortfall of A$10.3 billion following the downwardly revised A$16.351 billion deficit in the three months prior (originally -A$10.7 billion). The capital and financial account surplus...

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