Trade’s contribution to Australian economic growth in 1Q was better than expected, according to the Sydney Morning Herald, with imports falling 4% and exports only 1%. This pattern might not be repeated in April, however, with Panjiva data showing a 14.4% fall in seaborne exports to the U.S. in the three months to April. This … Continue reading “Australian Export Success in 1Q Might Have Slowed in April”