Asian Economic News

Australia Trade Deficit A$178 Million In February

Australia saw a seasonally adjusted merchandise trade deficit of A$178 million in February, the Australian Bureau of Statistics said on Wednesday.

That shattered forecasts for a shortfall of A$1 billion following the A$1.057 billion deficit in January.

Exports added 3 percent on month to A$25.642 billion, while imports dipped 1 percent on month to A$25.820 billion.

by RTTNews Staff Writer

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