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NOVEMBER KEY FIGURES

		Sep 2018	Oct 2018	Nov 2018	Oct 18 to Nov 18
		$m	$m	$m	% change
BALANCE ON GOODS AND SERVICES
	Trend estimates	2 208	2 266	2 259	-
	Seasonally adjusted	2 793	2 013	1 925	-4
CREDITS (Exports of goods & services)
	Trend estimates	37 617	37 967	38 198	1
	Seasonally adjusted	37 518	37 913	38 445	1
DEBITS (Imports of goods & services)
	Trend estimates	35 409	35 701	35 938	1
	Seasonally adjusted	34 724	35 900	36 520	2
- nil or rounded to zero (including null cells)

Balance on Goods and Services

• In trend terms, the balance on goods and services was a surplus of $2,259m in November 2018, a decrease of $7m on the surplus in October 2018.
• In seasonally adjusted terms, the balance on goods and services was a surplus of $1,925m in November 2018, a decrease of $88m on the surplus in October 2018.

• In seasonally adjusted terms, goods and services credits rose $532m (1%) to $38,445m. Non-monetary gold rose $681m (60%). Non-rural goods fell $173m (1%) and rural goods fell $34m (1%). Net exports of goods under merchanting remained steady at $37m. Services credits rose $57m (1%).

• In seasonally adjusted terms, goods and services debits rose $620m (2%) to $36,520m. Capital goods rose $433m (7%), consumption goods rose $202m (2%) and non-monetary gold rose $30m (9%). Intermediate and other merchandise goods fell $22m. Services debits fell $22m.