TRADE DEFICIT BLOWOUT RAISES RECESSION RISK, WARNS ECONOMIST
Australia runs a small risk of entering technical recession, according to a leading private sector economist, after worse-than-expected October data showed the trade deficit blowing out. The nation’s imports exceeded exports by $1.54 billion in October, $269 million worse than the September deficit and widely missing the…
Read more at: http://www.abc.net.au/news/2016-12-08/growing-trade-deficit-raises-recession-risk-economist/8103352?section=business
