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Aussie exporters remain confident about future trade
Efic’s latest Exporter Sentiment Index shows that business sentiment among Australian SME exporters continues to rise, with five of the six sentiment measures higher than the last wave.
Involving a sample of 1,124 exporting Australian SMEs, respondents seeing an improvement in their current financial situation (from 12 months ago), and those with positive expectations around future sales revenue, were the main drivers of this positive result.
Sentiment around expectations of growth in full-time employees was the only indicator to fall, down just one percentage point from July 2017.
The Exporter Sentiment Index is now at 148, up from 145 in July 2017, and 10 points higher than the 138 in February 2017.
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