Mumbai, Nov. 6 -- Australia's trade surplus increased notably in September as exports growth exceeded the increase in imports, data from the Australian Bureau of Statistics showed on Thursday.
The trade surplus increased to A$3.94 billion, as expected, from A$1.11 billion in August. In the same period last year, the surplus totalled A$4.03 billion.
Exports grew 7.9 percent from the previous month to A$44.58 billion driven by non-monetary gold. At the same time, imports climbed 1.1 percent to A$40.64 billion driven by capital goods.
Published by HT Digital Content Services with permission from Capital Market....