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AUSTRALIA POSTS BIGGEST TRADE DEFICIT IN 18 MOS OF US$1.6 BLN IN SEPT

CANBERRA, Nov 05, 2009 (AsiaPulse via COMTEX) --

Australia posted its largest monthly international trade deficit in 18 months, widening to just over A$1.8 billion (US$1.64 billion) in September, official data show.

The trade balance of goods and services grew to a seasonally-adjusted A$1.849 billion deficit in September, after a revised A$1.651 billion shortfall in August, the Australian Bureau of Statistics said on Wednesday.

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