5302.0.55.004 - Balance of Payments - Goods and Services, Preliminary Quarterly Estimates, Dec 2014
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 24/02/2015
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The ABS provides information on Australia's international trade in goods and services in three publications:
Estimates may be revised between the monthly estimates in cat. no. 5368.0, the preliminary estimates in this publication and the quarterly estimates in cat. no. 5302.0. The December quarter 2014 issue of Balance of Payments and International Investment Position, Australia (cat. no. 5302.0) will be released on 3 March 2015.
PRELIMINARY CURRENT PRICE ESTIMATES OF BALANCE ON GOODS AND SERVICES
PRELIMINARY ESTIMATES OF CHAIN VOLUME MEASURES AND PRICE INDEXES FOR GOODS DEBITS (footnote 1, footnote 2)
CHANGES IN THIS ISSUE
IMPACTS ON SERVICES DUE TO DELAYS TO OVERSEAS ARRIVALS AND DEPARTURES DATA
The October 2014, November 2014 and December 2014 issues of ABS publication Overseas Arrivals and Departures, Australia (cat. no. 3401.0) have been delayed due to passenger card processing issues as announced by the Department of Immigration and Border Protection (DIBP). This delay impacts on services credits and services debits series for the December quarter 2014. As such, caution should be used when interpreting the recent services credits and services debits estimates as they are based on modelled estimates rather than actual data.
The ABS and DIBP are working closely together to manage the issues and to minimise further delays to the release of these statistics. The ABS will advise new release dates in due course.
1 Reference year for chain volume measures and price index is 2012–13. See paragraphs 16 to 18 of the Explanatory Notes.
2 In this commentary movements in indexes are based on data to four decimal places.
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