In seasonally adjusted terms, goods and services credits rose $469m (1%) to $32,405m. Non-monetary gold rose $352m (33%) and non-rural goods rose $236m (1%). Rural goods fell $195m (5%). Net exports of goods under merchanting remained steady at $41m. Services credits rose $76m (1%). In seasonally adjusted terms, goods and services debits fell $1,601m (5%) to $28,832m. Consumption goods fell $859m (10%) and intermediate and other merchandise goods fell $792m (9%). Capital goods rose $77m (1%) and non-monetary gold rose $2m. Services debits fell $28m.
Australian Trade Balance surplus rose to $3.57 billion
In trend terms, the balance on goods and services was a surplus of $3,320m in February 2017, an increase of $545m (20%) on the surplus in January 2017. In seasonally adjusted terms, the balance on goods and services was a surplus of $3,574m in February 2017, an increase of $2,071m on the surplus in January 2017.
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