The seasonally adjusted current account deficit fell $539 million to $9,125 million in the September quarter 2017, according to figures released by the Australian Bureau of Statistics today.
In seasonally adjusted terms, the balance on goods and services surplus in the September quarter 2017 was $3,056 million. Exports of goods and services fell $154 million and imports of goods and services rose $222 million. The fall in the net primary income of $1,044 million to $11,968m was the main contributor to the narrowing of the current account deficit in the September quarter 2017.