As per ABS, trade surplus doubled in March to $10,602 million in seasonally adjusted terms reflecting an increase of $6,737 million on the surplus in February 2020.
Credits and debits data in seasonally adjusted terms:
|
Component |
In $ million (% up/down) |
Component |
In $ million (% up/down) |
|
Goods and services credit |
15% to 42,417 |
Goods and services debit |
-4% to 31,815 |
|
Non-Rural goods |
15% or 3540 |
Capital goods |
-3% or 194 |
|
Non-Monetary gold |
225% or 2474 |
Consumption goods |
+10 |
|
Rural Goods |
7% or 271 |
Intermediate and other merchandise goods |
+31 |
|
Net exports of goods under merchanting |
+6% or 1 |
Non-Monetary gold |
85% or 466 |
|
Services credits |
-9% or 727 |
Services debits |
-19% or 1492 |
Disclaimer
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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