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Financial News: Australia Has A$12.444 Billion Trade Surplus As Exports

Australia Has A$12.444 Billion Trade Surplus As Exports Surge

11/02/2022 - 20:55:00 (RTTNews)

(RTTNews) - Australia posted a seasonally adjusted merchandise trade surplus of A$12.444 billion in September, the Australian Bureau of Statistics said on Thursday.

That beat forecasts for a surplus of A$8.85 billion and was up from the A$8.664 billion surplus in August.

Exports jumped 7.0 percent on month to A$60.613 billion after adding 3.0 percent in the previous month.

Exports picked up 0.4 percent worth A$48.169 billion after climbing 4.1 percent a month earlier.

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