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Australia Has A$827 Million Trade Surplus … RTT July 04, 2018 at 06:47AM

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

 

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