Subscribe to RSS feedImport values on the rise
International merchandise import values jumped during the month of May, with Australian Bureau of Statistics showing the value of merchandise imports in May was $20.73bn, 10% up on the figure of $18.8bn in April.
Photo - Shutterstock
The figure was still slightly down on March, however, when $20.8bn was reported.
A significant contributor was the ‘food and live animals’ category which was valued at $774m in May, compared with $712m in April and $719m in March.
Machinery and transport...
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