RTTNews - Australia's merchandise imports declined by a seasonally adjusted A$14 million in June compared to May, according to data published Thursday by the Australia Bureau of Statistics.
The Bureau said preliminary analysis shows imports totaled A$16.28 billion in June, compared to A$16.29 billion in May.
Machinery and transport related imports made up the largest portion of the total, valued at A$6.29 billion in unadjusted terms.
Imports of non-monetary gold were down 45 percent and imports of other goods declined 48 percent.
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