Australia Has A$14.149 Billion Current Account Deficit
2024-12-02
1272
(fxcue news) - Australia posted a seasonally adjusted current account deficit of A$14.149 billion in the third quarter of 2024, the Australian Bureau of Statistics said on Tuesday.
That missed forecasts for a shortfall of A$10.3 billion following the downwardly revised A$16.351 billion deficit in the three months prior (originally -A$10.7 billion).
The capital and financial account surplus was A$20.084 billion, an increase of A$2.658 million on the Q2 surplus.
The balance on goods and services in seasonally adjusted chain volume terms is expected to contribute 0.1 percentage points to the September quarter 2024 GDP quarterly movement. That missed expectations for 0.4 percent and was down from 0.2 percent in the previous quarter.
Sign In via X
Google
Sign In via Google
This page link:http://www.fxcue.com/338873.html
Tips:This page came from Internet, which is not standing for FXCUE opinions of this website.
Statement:Contact us if the content violates the law or your rights