04-July-2026
Economy News
 
Australia Trade Swings to $2.1 Billion Deficit in May, Largest Since 2015
02-Jul-2026

Australia's balance on goods trade in May unexpectedly swung to the largest deficit in over a decade, data showed on Thursday, as exports of gold and iron ore fell sharply.

News Source:- https://money.usnews.com/investing/news/articles/2026-07-01/australia-trade-swings-to-2-1-billion-deficit-in-may-largest-since-2015