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Australia's Trade Deficit Unexpectedly Narrows In January, Led By Resource Exports

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 3, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Australia's trade deficit narrowed more than expected in January as imports declined, while resource exports showed surprising resilience. The nation's trade shortfall contracted from a revised $3.52 billion in December to a seasonally adjusted $2.94 billion in January, according to the Australian Bureau of Statistics, beating economists forecast of a[​IMG]

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