Australian December trade surplus comes in at AUD5085mn, below estimate of AUD7000mn | Forexlive

Australian Trade Balance (MoM) (Dec)
5,085mn

  • expected 7,000mn, prior 6,792mn

Imports (MoM) (Dec) +5.9%

  • prior +1.4%
  • surge in imports of capital equipment, oil products and consumption goods

Exports (MoM) (Dec) +1.1%

  • prior +4.2%
  • gains in iron ore exports

***

AUD down a few tics only:

AUD is being around on global developments more than on local data at present.

#Australian #December #trade #surplus #AUD5085mn #estimate #AUD7000mn #Forexlive

Australia trade surplus expots imports

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