Worsening trade balance and slower jobs growth but solid retail sales

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Yesterday’s economic data like much of that already seen this week presents a mixed picture on the economy. In brief: Revised ABS jobs data up to September (designed to correct for

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Declining commodity prices and an elevated AUD weigh on exports

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Trade Balance – May 2014 The May trade figures showed a large deficit of $1.9bn Declining commodity prices and an elevated AUD over the month weighed on export receipts. Exports

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Exports to China hit a record high as trade deficit widens in October

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International Trade – October 2013 The October trade balance was a deficit of $529m – an increase of $258m on the deficit in September. Exports declined by a very small

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Healthy trade; petrol prices to creep higher

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International trade; Job advertisements; Petrol price The trade surplus widened in August. The trade surplus rose by $603 million to $2,346 million. Exports fell by 2.4 per cent while imports

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