Australia posted a merchandise trade surplus of A$2.936 billion in November, the Australian Bureau of Statistics said on Thursday.
That was well shy of expectations for a surplus of A$5.140 billion following the downwardly revised A$4.353 billion surplus in October (originally A$4.385 billion).
Exports were down 2.9 percent on month at A$44.572 billion after rising a downwardly revised 2.8 percent in the previous month (originally 3.4 percent).
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.