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Exports record a historic high of $36 billion: Australia
The April 2021 merchandise goods trade surplus, at $10.1 billion, is the third highest on record, according to preliminary trade data released today by the Australian Bureau of Statistics (ABS).
ABS Head of International Statistics, Andrew Tomadini said “Exports remained steady, increasing $12.6 million in April, but imports fell $1.9 billion, adding to the already strong surplus recorded in March 2021.
Increases in the exports of coal, petroleum, metalliferous ores and medicinal and pharmaceutical products were offset by declines in non-monetary gold and oil seeds. However, the continued strength of metalliferous ores has contributed to total exports for April 2021 reaching a record high $36 billion.
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April s 1.1% rise in retail turnover bodes well for the sector
By Imogen Bailey | 25 May 2021
All retail industries, except department stores, experienced rises in April new preliminary data from the Australian Bureau of Statistics (ABS) indicates.
The drop for department stores follows two months of consecutive rises, with the sector recording an 8.5% lift in March and a 2.2% rise in February.
In its preliminary release, the ABS reports that the retail sector has recorded a 1.1% rise in April. Food retailing led the rises in April, following falls in both February and March 2021, ABS director of quarterly economy wide surveys Ben James said.
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