Interest Rates Australia

International Trade in Goods and Services, Australia, May 2017
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BALANCE ON GOODS AND SERVICES
◾In trend terms, the balance on goods and services was a surplus of $1,956m in May 2017, a decrease of $363m on the surplus in April 2017.
◾In seasonally adjusted terms, the balance on goods and services was a surplus of $2,471m in May 2017, an increase of $2,381m on the surplus in April 2017.

CREDITS (EXPORTS OF GOODS AND SERVICES)
◾In seasonally adjusted terms, goods and services credits rose $2,578m (9%) to $32,781m. Non-rural goods rose $2,333m (13%), rural goods rose $118m (3%) and non-monetary gold rose $42m (3%). Net exports of goods under merchanting remained steady at $27m. Services credits rose $84m (1%).

DEBITS (IMPORTS OF GOODS AND SERVICES)
◾In seasonally adjusted terms, goods and services debits rose $197m (1%) to $30,310m. Intermediate and other merchandise goods rose $436m (5%) and consumption goods rose $119m (1%). Capital goods fell $285m (5%) and non-monetary gold fell $102m (25%). Services debits rose $29m.

(Source: Australian Bureau of Statistics )