Australia's trade deficit widened in August

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Source: News.com.au
According to official data of the Australian Bureau of Statistics, trade deficit in Australia widened in August, with the balance on services and goods at deficit of $2.027 billion, compared with July's figure of $1.53 billion. It is the biggest trade deficit since March 2008 and the country's 8 consecutive deficit. During August, exports declined 3%, whereas imports fell 1%.
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