Trade deficit grows in December 2015

Australia's trade balance remains in the red with a deficit of $3.5 billion in December, following a deficit in November of $2.7 billion.

Economists had expected a deficit of $2.5 billion in December.

Exports fell 5.0 per cent in the month, while imports were down 1.0 per cent, the Australian Bureau of Statistics said on Wednesday.

Source: AAP

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