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November 22, 2009 3:56:35 PM EST
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Australia Posts A$1.85B Trade Deficit In September
Wednesday November 04, 2009 19:57:00 EST
(RTTNews) - Australia saw a trade deficit of A$1.85 billion in September, the Australian Bureau of Statistics said on Thursday.
That beat forecasts for a A$2.15 billion shortfall after the A$1.524 billion deficit in August.
Imports were up 5 percent on month to A$22.06 billion from A$20.98 in August. Exports also rose 5 percent on month, to A$20.21 billion from A$19.33 billion in the previous month.
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