Economic Buzz: Australia Trade Surplus Surges To A$3.681 Billion In December

Australia posted a seasonally adjusted merchandise trade surplus of A$ 3.681 billion in December, the Australian Bureau of Statistics said on Tuesday, up sharply from the A$ 1.925 billion surplus in November. Exports were down A$ 634 million or 2.0 percent on month to A$ 37.924 billion. Imports sank A$ 2.058 billion or 6.0 percent on month to A$ 34.302 billion.