Mumbai, May 7 -- Australia unexpectedly slipped into AUD 1.84 billion trade deficit in March 2026, the first since 2017, as exports declined and imports surged. Exports fell 2.7% due to weaker rural and gold shipments, while imports rose 14.1% to a record high, driven by strong demand for capital goods, including rapid growth in data-centre related investment and higher fuel purchases.
Published by HT Digital Content Services with permission from Capital Market....