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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
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