Australia's current account surplus fell by $4.8 billion to $7.7 billion (seasonally adjusted, current prices) in the June quarter 2023, according to figures released today by the Australian Bureau of Statistics (ABS). Grace Kim, ABS head of International Statistics, said: "The decrease in the current account surplus reflected the fall in prices for Australia's key export commodities, partly offset by a drop in the net primary income deficit." The balance on goods and services decreased $8.0 billion to $31.

https://www.miragenews.com/australias-current-account-surplus-drops-due-to-1077624/

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