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Australia's trade deficit unexpectedly widens to A$1.06B ($1.08B) in January from A$688M in...

  • Thursday, March 7, 4:13 AM ET
    Australia's trade deficit unexpectedly widens to A$1.06B ($1.08B) in January from A$688M in December and vs consensus of A$500M. Exports -1% to A$25B, hurt by sharp declines decline in coal, coke briquettes and iron ore as tropical storms affected shipments. Imports +1% to A$26.1B, boosted by a 52% jump in telecom equipment. (PR)
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