MAY KEY POINTS BALANCE ON GOODS AND SERVICES In trend terms, the balance on goods and services was a deficit of $679m in May 2014, an increase of $491m (261%) on the deficit in April 2014. In seasonally adjusted terms, the balance on goods and services was a deficit of $1,911m in May 2014, an increase of $1,131m (145%) on the deficit in April 2014. CREDITS (EXPORTS OF GOODS AND SERVICES) In seasonally adjusted terms, goods and services credits fell $1,300m (5%) to $26,681m. Non-rural goods fell $1,184m (6%), rural goods fell $62m (2%) and non-monetary gold fell $61m (6%). Net exports of goods under merchanting ... (full story)