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By Ambar Warrick
Investing.com--Australia logged a substantially bigger-than-expected current account surplus in the December quarter, data showed on Tuesday, helped chiefly by an improvement in trading conditions and a drop in overseas liabilities.
The current account surplus jumped to A$14.11 billion (A$1=$0.6746) in the three months to December 31, data from the Australian Bureau of Statistics showed. The reading was much stronger than expectations for a surplus of A$6.5 billion, and higher...
>>> Read more: Australia current account surplus bounces back in Dec quarter
Investing.com--Australia logged a substantially bigger-than-expected current account surplus in the December quarter, data showed on Tuesday, helped chiefly by an improvement in trading conditions and a drop in overseas liabilities.
The current account surplus jumped to A$14.11 billion (A$1=$0.6746) in the three months to December 31, data from the Australian Bureau of Statistics showed. The reading was much stronger than expectations for a surplus of A$6.5 billion, and higher...
>>> Read more: Australia current account surplus bounces back in Dec quarter
