(Bloomberg) -- Australia's current account deficit
probably narrowed in the first quarter as exports climbed and
companies paid less interest on their overseas borrowings.
The deficit, the broadest measure of trade because it
includes investment flows, narrowed to A$14.8 billion ($12.3
billion) in the three months ended March 31 from a record A$15.1
billion the previous quarter, according to the median estimate
of 22 economists surveyed by Bloomberg News. The Bureau of
Statistics releases the report tomorrow at 11:30 a.m. in Sydney.
Read more at Bloomberg Bonds News
probably narrowed in the first quarter as exports climbed and
companies paid less interest on their overseas borrowings.
The deficit, the broadest measure of trade because it
includes investment flows, narrowed to A$14.8 billion ($12.3
billion) in the three months ended March 31 from a record A$15.1
billion the previous quarter, according to the median estimate
of 22 economists surveyed by Bloomberg News. The Bureau of
Statistics releases the report tomorrow at 11:30 a.m. in Sydney.
Read more at Bloomberg Bonds News
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