Australia's January Trade Balance Analysis
Thursday, 7 March 2024, 00:32
Australia's January Trade Balance Analysis
Australia's January trade balance has blown past December's but missed expectations. Exports and imports both rose, but imports did so slower than they did in December. Slower imports is usually read as not a positive for the economy (if the economy was booming Australian's would be buying more yummp imports). AUD is barely changed.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.