Australia’s trade deficit widened in August to 3.1 billion Australian dollars, data released by the country’s statistics bureau showed.
A Reuters poll had forecast a deficit of 2.4 billion Australian dollars, and the number came after a 2.8 billion Australian dollar deficit in July.
Total exports came in at 26.5 billion Australian dollars and total imports at 29.6 billion Australian dollars.
Via CNBC
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Alfonso Esparza
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
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