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5439.0 - International Merchandise Imports, Australia, Oct 2011 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 17/11/2011   
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OCTOBER KEY FIGURES

August 2011
September 2011
October 2011
$m
$m
$m

Food and live animals
866
861
845
Beverages and tobacco
168
187
189
Crude materials, inedible, except fuels
238
206
269
Mineral fuels, lubricants and related materials
3 408
3 023
3 284
Animal and vegetable oils, fats and waxes
47
43
60
Chemicals and related products, nes
2 125
2 200
1 997
Manufactured goods classified chiefly by material
2 609
2 122
2 210
Machinery and transport equipment
7 434
7 297
7 876
Miscellaneous manufactured articles
2 581
2 608
2 634
Commodities and transactions not classified elsewhere in the SITC
1 063
1 456
1 440
TOTAL
20 540
20 002
20 805





OCTOBER KEY POINTS


ORIGINAL ESTIMATES
  • In original terms, the October 2011 merchandise imports were $20,805m, an increase of $803m (4%) on the September 2011 merchandise imports of $20,002m.


PRELIMINARY BALANCE OF PAYMENTS GOODS IMPORTS
  • Preliminary analysis shows that goods debits (imports) on a balance of payments basis in original terms rose $834m (4%) between September and October 2011. In seasonally adjusted terms goods debits rose $615m (3%) from $20,207m in September 2011 to $20,822m in October 2011. Non-monetary gold rose $334m (57%), intermediate and other merchandise goods rose $173m (2%), driven by the fuels and lubricants component which was up $304m (11%) following a fall of $374m (12%) between August and September 2011. Capital goods rose $60m (1%) and consumption goods rose $48m (1%).
  • The September quarter 2011 issue of Balance of Payments and International Investment Position, Australia (cat. no. 5302.0) and the October 2011 issue of International Trade in Goods and Services, Australia (cat. no. 5368.0) will include goods debits estimates that have been revised since the September 2011 issue of International Trade in Goods and Services, Australia which was released on 8 November 2011. These revisions reflect information recently obtained.
  • Preliminary analysis shows that, in seasonally adjusted terms, the goods imports volumes was revised from 3.9% to 5.7% and the implicit price deflator was revised from -0.7% to -0.8% during the September quarter 2011. In original terms, the Chain Laspeyres price index remained unchanged and the implicit price deflator was revised from -0.2% to -0.4%.


REVISIONS
  • Revisions have been made to the previous six months to incorporate the latest administrative data relating to international merchandise trade.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
November 2011 19 December 2011
December 2011 18 January 2012
January 2012 20 February 2012
February 2012 21 March 2012
March 2012 19 April 2012
April 2012 16 May 2012



INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Olivia Lam on Canberra (02) 6252 7406.


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