Trade surplus widens to $7.18 billion

Australia’s trade surplus increased to $7.18 billion in September, from an upwardly revised $6.62 billionĀ in August.

Exports were up 3.0 per cent for the month and imports were down 3.0 per cent, the Australian Bureau of Statistics said on Thursday.

Market consensus had been for the trade balance to shrink to a surplus of about $5.1 billion in seasonally adjusted terms.

AAP

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