Financial News: Australia July Trade Surplus A$6.009 Billion

Australia July Trade Surplus A$6.009 Billion

09/04/2024 - 21:50:00 (RTTNews)

(RTTNews) - Australia posted a merchandise trade surplus of A$6.009 billion in July, the Australian Bureau of Statistics said on Thursday.

That exceeded expectations for a surplus of A$5.050 billion and was up from the downwardly revised A$5.425 billion surplus in June (originally A$5.589 billion).

Exports were up 0.7 percent following the downwardly revised 1.4 percent increase in the previous month (originally 1.7 percent).

Imports fell 0.8 percent on month after adding a downwardly revised 0.4 percent a month earlier (originally 0.5 percent).

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