Australia's trade balance rebounded in April as exports logged notable growth, the Australian Bureau of Statistics showed Thursday.
The trade balance posted a surplus of A$1.79 billion in April, reversing a shortfall of A$1.02 billion in March, which was the first deficit since 2017. In April 2025, the surplus totalled A$4.4 billion.
Data showed that exports of goods advanced 7.2 percent on a monthly basis, driven by metal ores and minerals.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.