2024-03-07 02:53:19 ET
-
Australia's trade surplus on goods increased to A$11.03 billion in January 2024 from a downwardly revised A$10.74 billion in the previous month, compared to market forecasts of A$11.5 billion, with exports rising faster than imports.
-
Exports of goods from Australia advanced 1.6% mom to a 10-month high of A$47.51 billion in January 2024, mainly boosted by non-monetary gold.
-
Imports of goods to Australia rose by 1.3% month-over-month to a 3-month high of A$36.48 billion in January 2024.
-
Currency: ( USD:AUD )
-
More on Australia
-
Australia's Judo Bank Services PMI improves to 53.1 in February
Read the full article on Seeking Alpha
For further details see:
Australia’s trade surplus increased in January as exports surge faster than imports