Asian Economic News
FONT-SIZE Plus   Neg
Share SHARE

Australia's Trade Deficit Falls In February

Australia's trade deficit declined in February, the latest data from the Australian Bureau of Statistics showed Wednesday.

The trade deficit fell to A$480 million from A$971 million in January. Economists had expected the balance to be in a surplus of A$1.1 billion.

Exports fell 2 percent month-on-month in February. Imports were 4 percent lower than a month earlier.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Economic News

comments powered by Disqus