Australia's trade surplus unexpectedly fell to AUD 5.085 billion in December, as imports rose sharply.
Australia's trade surplus for December was AUD 5.085 billion, below expectations and down from November. Exports rose slightly by 1.1%, led by iron ore. Imports increased significantly by 5.9% due to higher demand for capital equipment and oil products. The Australian dollar remained stable, mainly influenced by global factors rather than trade data.
1 month ago
3 Articles
Articles
Further Reading
You have 9 free stories remaining this month. Subscribe anytime for unlimited access.