The Australian Bureau of Statistics (ABS) today released trade data for the month of January, with Australia’s trade surplus jumping to $4.5 billion from $3.8 billion in December:
The result smashed expectations of a $2.8 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.
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