Australia Posts Trade Deficit in July


In July, Australia's seasonally adjusted balance on goods and services registered a deficit of A$765 million, down from a A$243 million surplus registered a month earlier. In July of 2012, Australia's deficit was registered at A$1568 million.

Goods and services shipments rose A$54m to A$26,202m. Of which, non–rural goods rose A$113m (1 percent), rural goods rose A$86m (3 percent) and net exports of goods under merchanting rose A$1m (8 percent). Non–monetary gold fell A$219m (19 percent). Services credits rose A$72m (2 percent).

Goods and services purchases rose A$1,062m (4 percent) to A$26,967m. Intermediate and other merchandise goods rose A$773m (9 percent), consumption goods rose A$118m (2 percent), non–monetary gold rose A$41m (11 percent) and capital goods rose A$12m. Services debits rose A$119m (2 percent).

Australia Posts Trade Deficit in July


ABS | Nuno Fontes | nuno@tradingeconomics.com
9/5/2013 9:08:07 AM