Australia Reports Trade Deficit in February


In seasonally adjusted terms, the balance on goods and services was a deficit of $480m in February 2012, a fall of $491m on the deficit in January 2012.

In seasonally adjusted terms, goods and services credits fell $518m (2%) to $24,425m. Non-rural goods fell $490m (3%) and rural goods fell $253m (9%). Non-monetary gold rose $365m (43%). Net exports of goods under merchanting remained steady at $30m. Services credits fell $141m (3%).
 
In seasonally adjusted terms, goods and services debits fell $1,009m (4%) to $24,905m. Consumption goods fell $395m (7%), intermediate and other merchandise goods fell $307m (3%) and capital goods fell $257m (5%). Non-monetary gold rose $10m (2%). Services debits fell $61m (1%).


TradingEconomics.com, ABS
4/4/2012 11:03:26 AM