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Australian May trade balance: Surplus of AUD 5.773bn (vs. 6.678bn expected)

Australia – trade balance for May 2024

The rise in exports is the best in 9 months, but this was overshadowed by the rise in imports. A huge turnaround in imports from the -7% drop in April.

This article was written by Eamonn Sheridan at www.forexlive.com.

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