- Australia's trade deficit narrows to A$2.94 billion in January
Market news
3 March 2016
Australia's trade deficit narrows to A$2.94 billion in January
The Australian Bureau of Statistics released its trade data on Thursday. Australia's trade deficit narrowed to A$2.94 billion in January from A$3.52 billion in December, beating expectations for a decline to a deficit of A$3.1 billion. December's figure was revised up from a deficit of A$3.54 billion.
Exports increased by 1.0% in January, while imports fell 1.0%.
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