• Aussie trade balance deficit rose in October

Market news

8 December 2016

Aussie trade balance deficit rose in October

In trend terms, the balance on goods and services was a deficit of $1,565m in October 2016, a decrease of $154m (9%) on the deficit in September 2016.

In seasonally adjusted terms, the balance on goods and services was a deficit of $1,541m in October 2016, an increase of $269m (21%) on the deficit in September 2

In seasonally adjusted terms, goods and services credits rose $389m (1%) to $27,631m. Non-rural goods rose $223m (1%) and non-monetary gold rose $198m (13%). Rural goods fell $150m (4%) and net exports of goods under merchanting fell $3m (6%). Services credits rose $121m (2%).

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