Trade surplus falls, misses expectations

Thursday, 6 December 2018

The Australian Bureau of Statistics (ABS) today released trade data for the month of October, with Australia’s trade surplus falling to $2,316 million in October from $2,709 million in September:

The result missed expectations of a $3 billion surplus.

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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.