Australian Deficit Disappoints, Election Uncertain — Panjiva
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Australian Deficit Disappoints, Election Uncertain

Australia 132 China 3010 Metals - Aluminum 259 Politics 153 Trade Balance 933 U.S. 5358

The Australian trade deficit in May increased by a third vs. a year earlier to A$2.22 billion (US$1.66 billion) according to the Australian Bureau of Statistics. This was well above market expectations of A$1.5 billion according to a Reuters survey. This is likely explained by exports to the U.S. falling 8.2%. The largest seaborne export … Continue reading “Australian Deficit Disappoints, Election Uncertain”

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