AUGUST KEY POINTS BALANCE ON GOODS AND SERVICES In trend terms, the balance on goods and services was a deficit of $1,625m in August 2012, a rise of $288m (22%) on the deficit in July 2012. In seasonally adjusted terms, the balance on goods and services was a deficit of $2,027m in August 2012, a rise of $497m (32%) on the deficit in July 2012. CREDITS (EXPORTS OF GOODS & SERVICES) In seasonally adjusted terms, goods and services credits fell $844m (3%) to $24,589m. Non-rural goods fell $933m (6%) and non-monetary gold fell $2m. Rural goods rose $37m (1%). Net exports of goods under merchanting remained steady at ... (full story)