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Australia's Trade Gap Widens, Building Approvals Rebound

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Australia's trade deficit widened in December to an eight-month high, as mining exports declined sharply, suggesting net exports are likely to make a negative contribution to GDP in the fourth quarter. Australia posted a seasonally adjusted trade gap of A$3.54 billion in December, compared with a shortfall of A$2.73 billion[​IMG]

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