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Australia’s October trade surplus of AUD 11.22 billion beats expectations, but falls short on both imports and exports for the month:

  • expected +11 billion AUD, before +12.2 billion AUD

Imports -3% m / m

  • expected imports + 2%, before -2%

Exports -3% m / m

  • expected exports -0.6%, before -6%

more soon

October kicks fourth quarter trade data.

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