【环球财经】2025年三季度澳大利亚经常账户连续第10个季度出现赤字

Core Viewpoint - Australia's current account deficit reached approximately AUD 16.646 billion in Q3 2025, marking the tenth consecutive quarter of deficit, which was significantly higher than market expectations of AUD 13 billion [1]. Group 1: Current Account and Trade Balance - The current account deficit for Q2 2025 was revised up to approximately AUD 16.153 billion, with Q3 deficit increasing by about AUD 4.93 billion compared to Q2 [1]. - The goods and services trade surplus decreased from approximately AUD 2.779 billion in Q2 to about AUD 2.489 billion in Q3 [1]. - The net primary income deficit slightly decreased from approximately AUD 18.989 billion in Q2 to about AUD 18.690 billion in Q3 [1]. Group 2: Trade Conditions and Price Dynamics - Australia's trade conditions improved for the first time this year, with the ratio of export prices to import prices rising from 95.2 to 95.5 [1]. - The decline in export prices by 0.1% was offset by a larger decline in import prices of 0.4%, influenced by a stronger Australian dollar [1]. - Commodity price increases partially mitigated the downward pressure on export prices [1]. Group 3: Import Dynamics - Fuel and lubricants led the growth in goods imports during Q3, with refined fuel imports reflecting Australia's reliance on overseas diesel and other oil products [2]. - The actual goods and services trade surplus, adjusted for seasonal factors, was AUD 10.15 billion, down from the revised AUD 10.763 billion in the previous quarter, which is expected to negatively impact Q3 GDP growth by 0.1 percentage points [2]. Group 4: Upcoming Data Releases - The Australian Bureau of Statistics is set to release Q3 GDP data on December 3 and external trade data on December 4 [3].