A customer selects vegetable at a shopping center in Canberra, Australia, Sept. 3, 2025. Australia's rate of economic growth accelerated to 0.6 percent in the second quarter of 2025, according to official figures released on Wednesday. (Photo by Zhang Na/Xinhua)
CANBERRA, Sept. 3 (Xinhua) -- Australia's rate of economic growth accelerated to 0.6 percent in the second quarter of 2025, according to official figures released on Wednesday.
National accounts figures from the Australian Bureau of Statistics (ABS) revealed that Australia's gross domestic product (GDP) grew by 0.6 percent in the second quarter, spanning from the start of April through the end of June, up from 0.3 percent in the first three months of 2025.
On an annual basis, it said, GDP rose by 1.8 percent, up from 1.4 percent in the year to March. The ABS initially reported first quarter GDP growth of 0.2 percent, but on Wednesday revised the figure to 0.3 percent. ■
A customer arranges groceries after shopping at a shopping center in Canberra, Australia, Sept. 3, 2025. Australia's rate of economic growth accelerated to 0.6 percent in the second quarter of 2025, according to official figures released on Wednesday. (Photo by Zhang Na/Xinhua)