Australia Trade Deficit Narrows In December


In seasonally adjusted terms, the balance on goods and services was a deficit of $427m in December 2012, a fall of $2,361m (85%) on the deficit in November 2012.

In seasonally adjusted terms, goods and services credits rose $648m (3%) to $25,381m. Non-rural goods rose $1,043m (7%). Non-monetary gold fell $274m (18%), rural goods fell $44m (1%) and net exports of goods under merchanting fell $1m (17%). Services credits fell $76m (2%).

In seasonally adjusted terms, goods and services debits fell $1,713m (6%) to $25,808m. Capital goods fell $1,196m (19%), intermediate and other merchandise goods fell $373m (4%) and consumption goods fell $91m (2%). Non-monetary gold rose $11m (3%). Services debits fell $64m (1%).

Australian Bureau of Statistics | Nuno Salva | nuno.salva@tradingeconomics.com
2/5/2013 8:59:39 AM