Australia's trade deficit unexpectedly increased in February

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Source: Bloomberg
Australian trade gap unexpectedly widened in February as metal and coal exports tumbled, putting extra pressure on RBA to consider further interest rate cuts. Imports surpassed exports by AUD 480 million (USD 493 million) in February. In contrast analysts have predicted a surplus of AUD 1.1 billion. Australia's exports declined to AUD 24.4 billion in February. 
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Wed, 04 Apr 2012 07:30:48 GMT

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