Australia Trade Balance below expectations (1950M) in April: Actual (555M)

Jun 8, 2017

Australia Exports: -8% (April) vs previous 2%

Australia's April trade balance disappoints, sharp decline in exports

Australia's trade balance for April came in at 0.55 bn vs 1.95 bn exp and +3.1 bn last. Exports were down by 8% m/m, while imports were also down by 1