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APRIL KEY FIGURES

		Feb 2016	Mar 2016	Apr 2016	Mar 16 to Apr 16
		$m	$m	$m	% change
BALANCE ON GOODS AND SERVICES
	Trend estimates	-2 790	-2 377	-1 943	18
	Seasonally adjusted	-2 875	-1 971	-1 579	20
CREDITS (Exports of goods & services)
	Trend estimates	25 810	26 002	26 290	1
	Seasonally adjusted	25 541	26 563	26 734	1
DEBITS (Imports of goods & services)
	Trend estimates	28 600	28 379	28 234	-1
	Seasonally adjusted	28 416	28 535	28 313	-1

Balance on Goods and Services

• In trend terms, the balance on goods and services was a deficit of $1,943m in April 2016, a decrease of $434m (18%) on the deficit in March 2016.
• In seasonally adjusted terms, the balance on goods and services was a deficit of $1,579m in April 2016, a decrease of $392m (20%) on the deficit in March 2016.

• In seasonally adjusted terms, goods and services credits rose $171m (1%) to $26,734m. Rural goods rose $157m (5%) and non-monetary gold rose $141m (8%). Non-rural goods fell $224m (1%) and net exports of goods under merchanting fell $2m (5%). Services credits rose $98m (2%).

• In seasonally adjusted terms, goods and services debits fell $222m (1%) to $28,313m. Capital goods fell $299m (6%) and non-monetary gold fell $67m (14%). Consumption goods rose $70m (1%) and intermediate and other merchandise goods rose $64m (1%). Services debits rose $11m.