Australian trade deficit widens in June

Source: Investing.com
© Reuters
Australia's trade balance dropped unexpectedly in the sixth month of the year, official figures from the Australian Bureau of Statistics showed on Tuesday. The country's trade deficit widened to A$3.2 billion in June, whereas May's trade gap was revised down to A$2.4 billion from the originally reported reading of A$2.2. Market analysts expected Australia's trade balance to increase to A$2.0 billion in the reported month.



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