Australia goods exports dropped -12%, imports dropped -5% in Apr

<p>In April’s preliminary data, Australia’s goods exports dropped -12% mom from March’s record high of AUD 35.8B to AUD 31.4B. The contraction was driven by exports of non-rural goods (down -8% mom) and non-monetary gold (down -47% mom). Imports dropped -5% mom to AUD 23.1B. The decrease in imports were driven by intermediate and other […]</p>
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