Australian Trade Deficit Narrows in April


In seasonally adjusted terms, the balance on goods and services was a deficit of $203m in April 2012, a fall of $1,079m on the deficit in March 2012.

In seasonally adjusted terms, goods and services credits rose $838m (3%) to $26,082m. Non–rural goods rose $746m (4%) and rural goods rose $86m (3%). Non–monetary gold fell $24m (2%). Net exports of goods under merchanting remained steady at $30m. Services credits rose $30m (1%).

In seasonally adjusted terms, goods and services debits fell $241m (1%) to $26,285m. Intermediate and other merchandise goods fell $465m (5%) and non–monetary gold fell $43m (10%). Capital goods rose $103m (2%) and consumption goods rose $75m (1%). Services debits rose $89m (2%).


TradingEconomics.com, ABS
6/9/2012 4:14:49 PM