MAIN FEATURES EXPENDITURE CHAIN VOLUME MEASURES
| | | Trend | Seasonally adjusted |
| | | % change Mar 09 to Jun 09 | % change Jun 08 to Jun 09 | % points contribution to growth in GDP Mar 09 to Jun 09 | % change Mar 09 to Jun 09 | % change Jun 08 to Jun 09 | % points contribution to growth in GDP Mar 09 to Jun 09 |
|
Final consumption expenditure | | | | | | |
| General government | 0.4 | 2.3 | 0.1 | 0.8 | 2.6 | 0.1 |
| Households | 0.6 | 1.4 | 0.3 | 0.8 | 1.7 | 0.5 |
Gross fixed capital formation | | | | | | |
| Private | | | | | | |
| | Dwellings | -4.4 | -9.8 | -0.3 | -5.5 | -10.9 | -0.3 |
| | Business investment | -1.8 | -1.9 | -0.3 | 1.9 | -0.9 | 0.3 |
| | Ownership transfer costs | 6.8 | 0.6 | 0.1 | 10.6 | 2.1 | 0.1 |
| Public | -1.7 | -0.6 | -0.1 | 0.8 | 2.5 | - |
Changes in inventories | | | | | | |
| Private non-farm | . . | . . | -0.4 | . . | . . | -0.4 |
| Farm and public authority | . . | . . | 0.3 | . . | . . | 0.6 |
Gross national expenditure | -0.3 | -1.3 | -0.3 | 1.0 | -0.4 | 1.0 |
Exports of goods and services | 1.0 | 1.0 | 0.2 | 1.0 | -0.2 | 0.2 |
Imports of goods and services | -4.2 | -15.1 | 0.9 | 2.1 | -13.1 | -0.5 |
Statistical discrepancy (E) | . . | . . | 0.3 | . . | . . | -0.1 |
Gross domestic product | 0.3 | 0.3 | 0.3 | 0.6 | 0.6 | 0.6 |
|
. . not applicable |
- nil or rounded to zero (including null cells) |
JUNE QUARTER
Summary Comments
Final Consumption Expenditure
- Government final consumption expenditure and Household final consumption expenditure both increased 0.8% in seasonally adjusted terms. The main contributors to growth in Household final consumption were Food (up 1.1%) and Furnishings and household equipment (up 1.9%). The sole negative contributor was Electricity, gas and other fuel (down 0.7%).
Gross fixed capital formation
- Gross fixed capital formation increased 0.8% in seasonally adjusted terms. Private business investment increased 1.9%, largely reflecting an increase in Machinery and equipment investment (up 5.6%), and a decrease in Non-dwelling construction investment (down 1.6%). Dwelling investment showed a decrease of 5.5% this quarter due to a decrease in both New and used dwellings (down 2.9%) and Alterations and additions (down 8.3%).
Changes in inventories
- Total inventories fell by $2,634m in seasonally adjusted terms compared with a fall of $3,104m last quarter. The change in inventories has contributed 0.2 percentage points to GDP growth during the quarter.
Exports and imports of goods and services
- Exports of goods and services rose 1.0% in seasonally adjusted terms. Seasonally adjusted Exports of goods rose 0.6%, with Rural and Non-rural exports rising 1.2% and 4.0% respectively, offset by a fall in Other exports of 27.9%.
- Imports of goods and services rose 2.1% in seasonally adjusted terms. Seasonally adjusted Imports of services rose 9.6%, while Imports of goods rose 0.2% . The rise in Imports of services was driven by rises in Travel services (up 15.7%) and Other services (up 12.3%).