Subscribe to RSS feedTrade gap wider in November
THE TRADE deficit recorded in November, although an improvement on the previous month’s result, was a sign of the ongoing fallout of the global economic downturn, federal trade minister Simon Crean said.
Australia’s trade deficit narrowed to a seasonally-adjusted $1.7bn in November from $2.08bn in October as the value of goods imported declined more than exported products, the Australian Bureau of Statistics (ABS) said on January 7.
“This month’s trade deficit...
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