Financial News: Australia Trade Surplus Shrinks In February

Australia Trade Surplus Shrinks In February

04/03/2025 - 02:28:00 (RTTNews)

(RTTNews) - Australia's trade surplus decreased in February as exports fell amid an increase in imports, official data showed on Thursday.

The trade surplus rose to A$2.97 billion in February from A$5.16 billion in January, the Australian Bureau of Statistics said. In December, the trade balance showed surplus of A$4.7 billion.

In the same period last year, the trade balance posted a surplus of A$7.55 billion.

Exports posted a monthly decline of 3.6 percent driven by non-monetary gold. At the same time, imports increased 1.6 percent amid more inflows of capital goods.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Japan Household Spending Sinks 0.5% On Year In February (02 hr(s), 57 min(s), 56 sec(s) ago)
(RTTNews) - The average of household spending in Japan was down 0.5 percent on year in February, t ...Full Story»

Japan Household Spending Data Due On Friday (04 hr(s), 33 min(s), 56 sec(s) ago)
(RTTNews) - Japan will on Friday release February figures for household spending, highlighting a m ...Full Story»

ECB Minutes Show Members Expressed Worries Over Possible Shocks To Growth From Trade Tensions (07 hr(s), 03 min(s), 56 sec(s) ago)
(RTTNews) - Minutes of the March policy session of the European Central Bank showed that rate-sett ...Full Story»

Treasury Reveals Details Of Long-Term Securities Auctions (11 hr(s), 17 min(s), 56 sec(s) ago)
(RTTNews) - The Treasury Department on Thursday revealed the details of this month's auctions ...Full Story»

Latvia Industrial Output Grows 3.1% (12 hr(s), 06 min(s), 56 sec(s) ago)
(RTTNews) - Latvia's industrial production expanded for the second straight month in February, ...Full Story»

Cyprus Inflation Slows For Third Month (12 hr(s), 07 min(s), 56 sec(s) ago)
(RTTNews) - Consumer price inflation in Cyprus slowed for a third straight month in March to its l ...Full Story»

U.S. Services Index Drops To Nine-Month Low In March (12 hr(s), 13 min(s), 56 sec(s) ago)
(RTTNews) - U.S. service sector growth slowed by more than anticipated in the month of March, acco ...Full Story»

U.S. Trade Deficit Shrinks From Record High As Exports Surge (12 hr(s), 19 min(s), 56 sec(s) ago)
(RTTNews) - The Commerce Department released a report on Thursday showing the U.S. trade deficit n ...Full Story»