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Australian trade data for November, imports down, exports little changed (m/m)

Australian trade data for November, imports down, exports little changed (m/m)

Australia's trade surplus came in at a beat, a larger surplus than expected, in November.

Exports were more or less unchanged (-0.4%) on the month as imports dropped (-1.5%) back from October..

  • drop in liquefied natural gas exports
  • increase in iron ore earnings

Imports dropped of consumption and capital goods, and transport services

AUD/USD little changed.

This article was written by Eamonn Sheridan at www.forexlive.com... Read More
Posted: Jan 12 2023, 01:00
Author Name: forexlive
Views: 110883

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