Australia Macro Service > Australia Data Insights

Trade surplus ticks up in August

Australia’s trade surplus edged higher to A$989mn in August, with exports rising 0.5% m/m and imports falling slightly. The pick-up in exports was broad-based, with both goods and services increasing.Goods imports fell for the second month in succession, driven down by declines in capital and consumer goods. Services imports partially offset this, increasing by 1.2% on the month.

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