Original article by Michael Read
The Australian Financial Review – Page: 3 : 6-Mar-24

Data from the Australian Bureau of Statistics shows that the nation’s current account surplus rose to $11.8bn in the December quarter, compared with just $1.3bn in the three months to September. Import volumes fell by 2.8 per cent in seasonally adjusted terms in the December quarter, with import volumes of consumer goods down 5.4 per cent. Export volumes were down 0.4 per cent, although higher iron ore and coal prices boosted overall export prices by 3.1 per cent. Meanwhile, economists expect the national accounts data to be released on Wednesday will show that GDP growth was 0.2 per cent in the December quarter.

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS