Australia Trade Deficit Widens in October 2012


In seasonally adjusted terms, the balance on goods and services was a deficit of $2,088m in October 2012, a rise of $668m (47 percent) on the deficit in September 2012.

In seasonally adjusted terms, goods and services credits rose $99m to $24,405m. Rural goods rose $155m (5 percent) and non–monetary gold rose $102m (7 percent). Non–rural goods fell $158m (1 percent) and net exports of goods under merchanting fell $2m (14 percent). Services credits rose $2m.

In seasonally adjusted terms, goods and services debits rose $768m (3 percent) to $26,493m. Capital goods rose $674m (13 percent), consumption goods rose $152m (3 percent) and intermediate and other merchandise goods rose $86m (1 percent). Non–monetary gold fell $138m (20 percent). Services debits fell $6m


TradingEconomics.com, ABS
12/7/2012 9:57:33 AM