Economic Buzz: Australia Posts A$825 Million Trade Surplus In February

Australia posted a merchandise trade balance of A$ 825 million in February, the Australian Bureau of Statistics said on Thursday, down from A$ 1.055 billion in January. Exports were roughly flat on month at A$ 34.229 billion. Rural goods rose A$ 552 million (17 percent). Imports also were flat at A$ 33.405 billion.