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Monday, September 17, 2007

Australian August Imports Rise

(RTTNews) - The merchandise imports to Australia on a balance of payments basis increased a seasonally adjusted 7% in August, rebounded from a fall of 4% in July, the Australian Bureau of Statistics said Tuesday.

The August growth was mainly due to increased imports of mineral fuels, lubricants and related materials, machinery and transport equipment and Manufactured goods classified chiefly by material. However, imports of Crude materials, inedible, except fuels and Animal and vegetable oils, fats and waxes declined in August from the previous month, which pulled down the August growth.

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