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Australia’s Trade Surplus Falls; Retail Sales Remain Flat

Australia’s trade surplus declined on falling exports and retail sales remained flat in October, official data showed Thursday. The trade surplus decreased to A$4.5 billion from A$6.84 billion in September, according to the Australian Bureau of Statistics. The surplus was expected to fall to A$6.5 billion. Exports of goods and services decreased A$2.2 billion to A$40.75 billion.
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