In trend terms, the balance on goods and services was a deficit of $1,534m in December 2012, a fall of $184m (11%) on the deficit in November 2012. In seasonally adjusted terms, the balance on goods and services was a deficit of $427m in December 2012, a fall of $2,361m (85%) on the deficit in November 2012. CREDITS (EXPORTS OF GOODS & SERVICES) In seasonally adjusted terms, goods and services credits rose $648m (3%) to $25,381m. Non-rural goods rose $1,043m (7%). Non-monetary gold fell $274m (18%), rural goods fell $44m (1%) and net exports of goods under merchanting fell $1m (17%). Services credits fell $76m ... (full story)