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AUGUST KEY FIGURES

		Jun 2017	Jul 2017	Aug 2017	Jul 17 to Aug 17
		$m	$m	$m	% change
BALANCE ON GOODS AND SERVICES
	Trend estimates	1 268	1 017	735	-28
	Seasonally adjusted	1 003	808	989	22
CREDITS (Exports of goods & services)
	Trend estimates	32 552	32 396	32 226	-1
	Seasonally adjusted	32 566	32 063	32 229	1
DEBITS (Imports of goods & services)
	Trend estimates	31 284	31 379	31 490	-
	Seasonally adjusted	31 564	31 255	31 240	-
- 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 $735m in August 2017, a decrease of $282m on the surplus in July 2017.
• In seasonally adjusted terms, the balance on goods and services was a surplus of $989m in August 2017, an increase of $181m on the surplus in July 2017.

• In seasonally adjusted terms, goods and services credits rose $166m (1%) to $32,229m. Non-rural goods rose $398m (2%). Non-monetary gold fell $308m (19%) and rural goods fell $31m (1%). Net exports of goods under merchanting remained steady at $47m. Services credits rose $106m (1%).

• In seasonally adjusted terms, goods and services debits fell $15m to $31,240m. Consumption goods fell $306m (4%), capital goods fell $169m (3%) and non-monetary gold fell $9m (2%). Intermediate and other merchandise goods rose $386m (4%). Services debits rose $84m (1%).