Australia Trade Surplus Jumps To A$3.574 Billion

Australia had a seasonally adjusted merchandise trade surplus of A$3.574 billion in February, the Australian Bureau of Statistics said on Tuesday.

That far surpassed forecasts for a surplus of A$1.70 billion and was up from the upwardly revised A$1.503 billion surplus in January.

Exports advanced 1.0 percent on month to A$32.405 billion.

Imports slipped 5.0 percent on month to A$28.832 billion.

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