Australia March trade deficit A$1.587 billion
2012-05-08 11:10:39
Australia saw a seasonally adjusted merchandise trade deficit of A$1.587 billion in March, the Australian Bureau of Statistics said on Tuesday.
That missed forecasts for a shortfall of A$1.4 billion after showing a deficit of A$754 million in February.
Exports were up 2.0 percent on month to A$24.521 billion, while imports jumped 5.0 percent to A$26.107 billion.