Australia Trade Deficit Widens in July 2012

In seasonally adjusted terms, Australia's balance on goods and services was a deficit of $556m in July 2012, a rise of $329m (145%) on the deficit in June 2012.

In seasonally adjusted terms, exports fell $728m (3%) to $25,757m. Non-monetary gold fell $420m (25%), non-rural goods fell $244m (1%) and rural goods fell $81m (3%). Net exports of goods under merchanting rose $5m (23%). Services credits rose $12m.

In seasonally adjusted terms, imports fell $399m (1%) to $26,313m. Capital goods fell $495m (8%). Intermediate and other merchandise goods rose $102m (1%), consumption goods rose $13m and non-monetary gold rose $2m. Services debits fell $20m.

Australia Trade Deficit Widens in July 2012, ABS
9/10/2012 12:17:44 PM