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- Australian trade balance surplus rose more than expected in September
Australian trade balance surplus rose more than expected in September
In trend terms, the balance on goods and services was a surplus of $2,707m in September 2018, an increase of $308m on the surplus in August 2018.
In seasonally adjusted terms, the balance on goods and services was a surplus of $3,017m in September 2018, an increase of $675m on the surplus in August 2018.
In seasonally adjusted terms, goods and services credits rose $283m (1%) to $37,496m. Non-rural goods rose $678m (3%), rural goods rose $33m (1%) and net exports of goods under merchanting rose $1m (6%). Non-monetary gold fell $525m (26%). Services credits rose $96m (1%).
In seasonally adjusted terms, goods and services debits fell $392m (1%) to $34,479m. Capital goods fell $607m (9%) and non-monetary gold fell $59m (14%). Intermediate and other merchandise goods rose $210m (2%) and consumption goods rose $53m (1%). Services debits rose $11m.
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