Australia Has A$827 Million Trade Surplus … RTT
Australia Has A$827 Million Trade Surplus
Australia had a seasonally adjusted merchandise trade surplus of A$827 million in May, the Australian Bureau of Statistics said on Wednesday.
That was shy of expectations for a surplus of A$1.20 billion following the downwardly revised A$472 million surplus in April (originally A$977 million).
Exports were up 4.0 percent on month to A$35.562 billion, while imports gained 3.0 percent to A$34.735 billion.
by RTTNews Staff Writer