JULY KEY FIGURES
| May 2007 | June 2007 | July 2007 | Jun 07 to Jul 07 | |
| $m | $m | $m | % change | |
TREND | |
| |
Balance on goods and services | -1 207 | -1 196 | -1 193 | . . | |
Credits (exports of goods & services) | 18 226 | 18 243 | 18 248 | - | |
Debits (imports of goods & services) | 19 434 | 19 439 | 19 442 | - | |
SEASONALLY ADJUSTED | |
| |
Balance on goods and services | -981 | -1 737 | -756 | . . | |
Credits (exports of goods & services) | 18 559 | 17 953 | 18 361 | 2 | |
Debits (imports of goods & services) | 19 540 | 19 690 | 19 118 | -3 | |
| |
. . not applicable |
- nil or rounded to zero (including null cells) |
Balance on Goods and Services
| |
JULY KEY POINTS
TREND ESTIMATES
- The provisional trend estimate of the balance on goods and services was a deficit of $1,193m in July 2007, a decrease of $3m on the revised deficit in June.
- Goods and services credits rose $5m to $18,248m. Goods and services debits rose $3m to $19,442m.
SEASONALLY ADJUSTED ESTIMATES
- In seasonally adjusted terms, the balance on goods and services was a deficit of $756m in July 2007, a decrease of $981m on the revised deficit in June.
- Goods and services credits rose $408m (2%) to $18,361m. Non-rural and other goods rose $348m (3%) and rural goods rose $61m (3%). Services credits fell $1m.
- Goods and services debits fell $572m (3%) to $19,118m. Capital goods fell $342m (10%), intermediate and other goods fell $213m (3%) and consumption goods fell $22m. Services debits rose $4m.
ORIGINAL ESTIMATES
- In original terms, the July 2007 balance on goods and services was a deficit of $840m, a decrease of $863m on the deficit in June. Goods and services credits rose $793m (4%) and goods and services debits fell $70m.
- Exports of non-rural and other goods in July 2007 were up $0.4b (3%) while rural goods were down $0.3b (13%) when compared to July 2006.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
August 2007 | 3 October 2007 |
September 2007 | 1 November 2007 |
October 2007 | 3 December 2007 |
November 2007 | 10 January 2008 |
December 2007 | 4 February 2008 |
January 2008 | 6 March 2008 |
REVISIONS
Revisions were made to the merchandise trade series to incorporate the latest available data. There were no revisions to the balance of payments series in original terms. However, the seasonally adjusted and trend estimates have been revised due to the use of concurrent seasonal adjustment. (See Paragraph 8 in Explanatory Notes).
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Tom Jebbink on Canberra (02) 6252 5540.