June 2022

June 2022

August 4, 2022

The seasonally adjusted external trade surplus widened to a new record high of A$17,670m in June, from the downwardly revised A$15,016m in May. The market consensus was for a decline to A$14,100m. The widening of the trade surplus was driven by another strong rise in exports (+5.1%), partly offset by a 0.7% uptick in imports.

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