Economic Buzz: Australia Posts A$8.356 Billion Trade Surplus In December

3 Feb 2022 , 10:56 AM

Australia posted a merchandise trade surplus of A$8.356 billion in December, the Australian Bureau of Statistics said on Thursday. Thats down from the upwardly revised A$9.756 billion surplus in November (originally A$9.423 billion). Exports rose A$360 million or 1.0 percent on month to A$45.320 billion, slowing from 2.0 percent in the previous month. Imports climbed A$1.761 billion or 5.0 percent on month to A$36.964 billion, down from the upwardly revised 8.3 percent increase a month earlier (originally 6 percent).

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