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【环球财经】2025年二季度澳大利亚GDP增幅升至0.6%
Xin Hua Cai Jing·2025-09-03 05:40

Core Insights - Australia's GDP grew by 0.6% quarter-on-quarter and 1.8% year-on-year in Q2 2025, marking the 15th consecutive quarter of growth, surpassing market expectations and previous quarters' performance [1] - The main drivers of economic growth were domestic final demand, primarily fueled by increases in household and government spending, while public investment was a significant drag on growth [1] - The economic growth forecast for the fiscal year 2024-25 is set at 1.3% [1] Economic Performance - Government spending increased by 1% and household consumption rose by 0.9% in Q2 2025 [1] - Private sector investment saw minimal growth of 0.1% due to a decline in residential investment and new construction projects, while public sector investment decreased by 3.9% [1] Trade and Exports - Overall goods exports increased due to a rebound in iron ore and liquefied natural gas exports, alongside growth in service exports driven by an increase in short-term visitors to Australia [2] - However, the increase in Australians traveling abroad and higher spending per traveler negatively impacted net trade, while a reduction in imports of consumer goods like automobiles and clothing also affected overall goods imports [2] Household Financials - The household savings rate fell from 5.2% in Q1 to 4.2% in Q2 2025, with disposable income rising by 0.6%, which was lower than the 1.5% increase in nominal household spending [2]