Australia Has A$1.227 Billion Trade Deficit

Australia had a seasonally adjusted merchandise trade deficit of A$1.227 billion in September, the Australian Bureau of Statistics said on Thursday.

That beat forecasts for a shortfall of A$1.70 billion following the upwardly revised A$1.894 billion deficit in August (originally -A$2.010 billion).

Exports were up 2.0 percent on month to A$27.254 billion after coming in at A$26.828 billion in the previous month.

Imports dipped 1.0 percent on month at A$28.481 billion after coming in at A$28.722 a month earlier.

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