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06.12.2018 07:24

Australian trade balance surplus rose less than expected in October

Balance on goods and services:

  • In trend terms, the balance on goods and services was a surplus of $2,709m in october 2018, an increase of $182m on the surplus in september 2018.

  • In seasonally adjusted terms, the balance on goods and services was a surplus of $2,316m in october 2018, a decrease of $624m on the surplus in september 2018.

Credits (exports of goods and services):

  • In seasonally adjusted terms, goods and services credits rose $493m (1%) to $38,045m. Non-rural goods rose $1,019m (4%) and net exports of goods under merchanting rose $12m (63%). Non-monetary gold fell $355m (24%) and rural goods fell $277m (7%). Services credits rose $93m (1%).


Market Focus

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