<p>Australian trade balance data for September 2022</p><p>Comes in at A$12.444bn</p><ul><li>expected A$8.85bn</li><li>prior A$8.324Bbn</li></ul><p>Exports +7% m/m for a big beat, & ahead of the August result</p><ul><li>prior +2.6%</li></ul><p>Imports flat at +0% m/m, well down from August … falling imports is often a sign of diminishing domestic demand</p><ul><li>prior +4.5%</li></ul><p>more to come </p>
This article was written by Eamonn Sheridan at forexlive.com.
