Subscribe to RSS feed
May trade deficit balloons as exports plunge $1bn
Australia's trade deficit in May more than doubled the April figure as the value of exported goods and services slumped more than $1bn.
Trade slump in May (Photo: Fremantle Ports)
Exports of goods and services in May was a seasonally adjusted $20.4bn compared with $21.5bn in April due largely to a decline in non-rural goods, which slumped by $684m, the Australian Bureau of Statistics (ABS) said.
The category of other...
This full article is available to Lloyd's List DCN subscribers only.
If you are already a subscriber, please sign in below.
If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.
Alternatively, click here to subscribe.
Today's Top Stories
- Carpenters to launch new regional shipping line
- National infrastructure award for PoMC channel project
- Commission plunge hits Clarkson results
- Poor market will continue, says Swire Pacific
- Rail tops industry confidence meter: survey
