AUD News

Members of the Reserve Bank of Australia's monetary policy board said that the country's economy continues to recover, minutes from the central bank's August meeting revealed on Tuesday.

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A leading index for the Australia economy showed no change again in July, the latest survey from Westpac Bank revealed on Wednesday, following the flat reading in June.

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The manufacturing sector in Australia expanded in August, and at an accelerated pace, the latest survey from the Australian Industry Group showed on Tuesday, with a PMI score of 51.7.

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Australia had a seasonally adjusted merchandise trade deficit of A$2.46 billion in July, the Australian Bureau of Statistics said on Thursday.

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The total value of retail sales in Australia was down a seasonally adjusted 0.1 percent on month in July, the Australian Bureau of Statistics said on Thursday - coming in at A$24.311 billion.

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Job advertisements in Australia increased in August after falling in the previous month, latest survey from the Australian and New Zealand Banking Group revealed Monday.

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The outlook for the Australian economy slipped in August, the latest survey from Westpac Bank and the Melbourne Institute showed on Wednesday as its leading economic index eased 0.3 percent.

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A leading economic index for Australia finally turned higher in July after four straight months of decline, the Conference Board said on Wednesday as its LEI added 0.3 percent.

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Australia posted a seasonally adjusted merchandise trade deficit of A$3.095 billion in August, the Australian Bureau of Statistics said on Tuesday - sliding 11 percent from July's shortfall.

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The construction sector in Australia continued to expand in September, albeit at a slower pace, the latest survey from the Australian Industry Group showed on Wednesday with a Performance of Construction Index score of 51.9.

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