HomeLive CommentsAustralia trade surplus widened to AUD 7.18B, construction index improved slightly

Australia trade surplus widened to AUD 7.18B, construction index improved slightly

ActionForex
By ActionForex

In seasonally adjusted terms, Australia trade surplus widened to AUD 7.18B in September, up from AUD 6.62B, beat expectation of AUD 5.10B. Exports rose 3% to AUD 43.2B. Imports rose 3% to AUD 36.0B.

Also released, AiG Performance of Construction index rose to 43.9 in October, up from 42.6. The data reflected less pronounced reductions in activity, new orders and employment. However, highlighting the subdued overall state of business conditions, deliveries from suppliers declined at a steeper rate in the month.

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