5368.0 - International Trade in Goods and Services, Australia, Aug 2011 Quality Declaration
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 04/10/2011
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AUGUST KEY POINTS
BALANCE ON GOODS AND SERVICES
CREDITS (EXPORTS OF GOODS & SERVICES)
DEBITS (IMPORTS OF GOODS & SERVICES)
Revisions have been made to incorporate the latest data relating to international merchandise trade and international trade in services:
Table 17 summarises historical revisions to goods and services on a balance of payments basis, in original current price terms. In original terms, the revisions have:
Seasonally adjusted and trend series have been revised due to the incorporation of the revisions and estimates for the latest month including the annual seasonal re-analysis and the derivation of seasonal factors under the concurrent seasonal adjustment methodology.
Adjustments have been made to the value of the 'metal ores and minerals', 'coal, coke and briquettes' and 'capital goods n.e.s.' components in the balance of payments series. See Commodity value adjustment for details.
CHANGES IN THIS ISSUE
The seasonally adjusted and trend estimates of goods and services on a balance of payments basis have been revised as a result of the annual seasonal re-analysis. This re-analysis reviews the seasonal and trading day factors in more detail than is possible in the monthly processing cycle and assesses the appropriateness of any prior corrections.
TRADE IN SERVICES DATA CUBES
The data cube International Trade in Services by Country, by State and by Detailed Services Category, Financial Year, 2010-11 (cat. no. 5368.0.55.003) will be released on 11 November 2011.
For further information contact Selvi Sekhar on Canberra (02) 6252 5540 for Goods, and Lee Taylor on Canberra (02) 6252 6377 for Services.
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