Financial News: Australia Has A$4.609 Billion Trade Surplus

Australia Has A$4.609 Billion Trade Surplus

11/06/2024 - 19:38:00 (RTTNews)

(RTTNews) - Australia posted a merchandise trade surplus of A$4.609 billion in September, the Australian Bureau of Statistics said on Friday.

That missed forecasts for a surplus of A$5.240 billion and was down from A$5.284 billion in August.

Exports were down 4.3 percent on month to A$40.827 billion after easing 0.2 percent in the previous month.

Imports slumped 3.1 percent on month to A$36.219 billion after also slipping 0.2 percent a month earlier.

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