Australia posted a seasonally adjusted current account surplus of A$10.024 billion in the third quarter of 2020, the Australian Bureau of Statistics said on Tuesday - down 39 percent on quarter.
That exceeded forecasts for a surplus of A$7.1 billion following the A$16.345 billion surplus in the three months prior.
The capital and financial account deficit fell A$7.750 billion or 45 percent on quarter to A$9.296 billion.
goods credits fell A$4.983 billion (6 percent) to A$84.990 billion, with volumes down 2 percent and prices down 3 percent.
Australia’s net IIP liability position was A$942.8 billion on 30 September 2020.
For comments and feedback contact: editorial@rttnews.com
[Economic News][1]
What parts of the world are seeing the best (and worst) economic performances lately? Click[here][2] to check out our [Econ Scorecard][2] and find out! See up-to-the-moment rankings for the best and worst performers in [GDP][3], [unemployment rate][4], [inflation][5] and much more.
- www.rttnews.com/Content/EconomicNews.aspx
- www.rttnews.com/economic-scorecard/world-rank/industrial-production/highest-performance.aspx
- www.rttnews.com/economic-scorecard/world-rank/GDP/highest-performance.aspx
- www.rttnews.com/economic-scorecard/world-rank/unemployment-rate/lowest-performance.aspx
- www.rttnews.com/economic-scorecard/world-rank/CPI/highest-performance.aspx