The FINANCIAL — Australia posted a seasonally adjusted trade deficit of A$2.3 billion in September, as a strong rise in exports narrowed the gap from the previous month, according to Nasdaq.
Economists had been expecting a deficit of A$2.9 billion in September.
The value of exports rose by 3% in the month, overshadowing a 2% increase in the value of imports, the Australian Bureau of Statistics said on November 4.
The trade deficit in August was A$2.7 billion.
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