【环球财经】2025年二季度澳大利亚经常账户连续第9个季度出现赤字

Core Points - Australia's current account deficit reached approximately AUD 13.654 billion in Q2 2025, marking the ninth consecutive quarter of deficit [1] - The Q2 deficit decreased from the revised Q1 deficit of approximately AUD 14.092 billion, and was lower than the market expectation of AUD 15.1 billion [1] - The trade surplus for goods and services fell from approximately AUD 4.305 billion in Q1 to about AUD 3.084 billion in Q2 [1] Group 1 - The net primary income deficit decreased from approximately AUD 17.99 billion in Q1 to about AUD 16.781 billion in Q2 [1] - Australia's trade conditions, defined as the ratio of export prices to import prices, declined from 90.7 in Q1 to 89.8 in Q2 [1] - The decrease in the current account deficit was primarily due to the reduction in the net primary income deficit, although the decrease in trade surplus negatively impacted the current account [1] Group 2 - Increased inflows from overseas stock investments contributed to the narrowing of the net primary income deficit to its lowest level since September 2021 [2] - Strong performance in imports of non-monetary gold and tourism services led to a reduction in the goods and services trade surplus [2] - The decline in trade conditions was attributed to falling commodity prices, particularly for iron ore and coal, with a 1.1% decrease from Q1 and a 2.4% decrease compared to Q2 of the previous year [2]