Subscribe to RSS feedAustralian imports slide 9% in May
by
Sineva Toevai
—
last modified
Jun 22, 2009 12:25 PM
Australian imports of merchandise fell by 9% in May, losing an estimated value of almost $1.5bn.
Australia records import fall in May
The value of overseas imports to Australia fell to $14.7bn in May from a revised $16.2bn in April and $17.3bn in March, latest figures from the Australian Bureau of Statistics show.
Beverages and tobacco imports dropped 23% from April to $142m in May, chemicals fell 8.8% to $1.8bn and miscellaneous manufactured goods dipped 10% to $2.1bn, the bureau said.
Imports of mineral fuels, lubricants and related materials were almost unchanged at $1.84bn in May from $1.87bn in April.
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