The 5.8% growth in imports represents a reversal from a 2.5% decline in the previous month. Similarly, the export increase of 3.7% offset a 3.3% contraction in July. These figures were released by trade officials on Oct. 1.
Tuesday, October 20, 2026
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Australia August Trade Balance Misses A$2B Estimate at A$495 Million
Global Markets20 days ago
Seasonally adjusted imports increased 5.8% in August, outpacing a 3.7% rise in goods exports. This trend left Australia with a monthly goods trade surplus of A$495 million, which fell below the A$2 billion estimate from analyst polls. The trade surplus for July was A$1.923 billion, although that figure was later revised to A$1.351 billion.
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