THE Australian balance of goods and services was a deficit of $1.176 billion in January, seasonally adjusted, from a downwardly revised deficit of $2.174 billion in December, figures released by the Australian Bureau of Statistics (ABS) show.
Most market forecasts were centered around a deficit $1.2 and $1.5 billion.
During the month, exports were up 1.0 per cent in adjusted terms, while imports declined 3 per cent.
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Private sector credit rises in January - RBAJobless rate high but steady at 10.7 percent