Trade deficit deteriorated further in February

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By Leith van Onselen

The Australian Bureau of Statistics (ABS) today released trade data for the month of February, with Australia’s trade deficit deteriorating to $3,410 million from $3,156 million in January.

It was the 23nd straight month of trade deficits in seasonally adjusted terms:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.