Australia's Trade Balance Unexpectedly Widens

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 5, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Australia's Trade Balance widened in February recording it's 23rd consecutive trade deficit. This definitely shows that weaker commodity prices has affected the Australian economy. The trade balance reading widened to $3.41 billion in February seasonally adjusted, according to the ABS (Australian Bureau of Statistics), the trade deficit widened by $254m[​IMG]

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