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Trade deficit widens in November

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AAP

2013-01-08

Australia's trade deficit widened in November, official figures show.

The balance on goods and services was a deficit of $2.637 billion in November seasonally adjusted, compared with a upwardly revised deficit of $2.443 billion in October, the Australian Bureau of Statistics (ABS) said on Tuesday.

Economists' forecasts had centred on a deficit of $2.3 billion in November.

During the month, exports rose 1.0 per cent, while imports rose 2.0 per cent, the ABS said.

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