Australia’s international merchandise imports in July totaled A$22.0 billion (about US$20.0 billion), a jump of 20 percent from $18.3 billion in June, according to the Australian Bureau of Statistics.
In seasonally adjusted terms, goods imports rose 5 percent between June and July to $21.5 billion. Intermediate and other merchandise goods increased 9 percent, driven by fuel and lubricants, up 17 percent, and other merchandise goods, up 477 percent. Consumption goods, non-monetary gold and capital goods all rose as well.
Gains were posted in all merchandise import categories, including food and live animals; beverages and tobacco; crude materials (inedible, expect fuels); mineral fuels, lubricants and related materials; animal and vegetable oils, fats and waxes; chemicals and related products; manufactured goods; machinery and transport equipment; and miscellaneous manufactured articles.