Australian July trade balance surplus 7310mn (vs. expected 4920mn) ...Middle East

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Australian July trade balance surplus 7310mn (vs. expected 4920mn)

Trade data for Australia in July 2025

Trade Balance +7310mn, smashing expectations

    expected 4,920mnprior 5,365mn

    Exports (MoM) +3.3%, well ahed of the previous month

    prior +2 6%

    Imports (MoM) -1.3%, which is not encouraging. A strong economy should be sucking in imports.

    prior -3.1%

    The Australian Bureau of Statistics have also published the July household spending data, +0.5% m/m

    expected +0.5%, prior +0.5%The ABS just should have published 'same old', and there's a productivity gain right there

    +5.1% y/y

    expected +5.0%, prior +4.8% This article was written by Eamonn Sheridan at investinglive.com.

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