Trade surplus falls, misses expectations

Tuesday 8 January 2019

The Australian Bureau of Statistics (ABS) today released trade data for the month of November, with Australia’s trade surplus falling to $1,925 million in November from $2,013 million in October:

The result missed expectations of a $2.2 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.