Australia Oct Trade Surplus A$105 Million Vs A$1.4 Billion Consensus
By James Glynn
SYDNEY--Australia posted a seasonally adjusted trade surplus of A$105 million in October, compared with a surplus of A$1.6 billion in September, the Australian Bureau of Statistics said Thursday
The figure is sharply lower than analysts' expectations of a surplus of A$1.4 billion.
The value of exports fell 3.0% in the month, while the value of imports rose 2.0%.
Over the month, iron ore exports fell by 10%, while coal exports were 3.0% lower.
Write to James Glynn at James.Glynn@wsj.com
(END) Dow Jones Newswires
December 06, 2017 19:48 ET (00:48 GMT)Copyright (c) 2017 Dow Jones & Company, Inc.