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Australian Trade Balance dips to 1.925 billion amidst downward revisions

Australia's Trade Balance figures for November slipped below expectations once again, printing at 1.925 billion versus the forecast 2.175 billion.

Key highlights

The previous month's Trade Balance data was also revised lower to 2.013 billion, down from 2,316 billion.

Exports held steady at just 1% month-over-month, while Imports growth declined to 2% from October's 3%.

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