Trade surplus hits record high

Advertisement

By Leith van Onselen

The Australian Bureau of Statistics (ABS) today released trade data for the month of February, with Australia’s trade surplus jumping to $4.8 billion from $4.4 billion in January:

The result beat expectations of a $3.7 billion surplus.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.