Australia's trade deficit increases to the biggest in almost five years in November, widening to...

|By:, SA News Editor

Australia's trade deficit increases to the biggest in almost five years in November, widening to A$2.64B ($2.77B) from A$2.44B in October. Consensus was for A$2.3B. Exports +1% to A$24.7B, boosted by a 6% rise in metal ores and minerals. Imports +2% to A$27.3B, with transport-equipment imports jumping 57%, and fuels and lubricants rising 6%.