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5206.0 - Australian National Accounts: National Income, Expenditure and Product, Dec 2006  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 07/03/2007   
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MAIN FEATURES PRODUCTION CHAIN VOLUME MEASURES


Trend
Seasonally adjusted


% change
Sep 06
to Dec 06
% change
Dec 05
to Dec 06
% points contribution
to growth in GDP
Sep 06 to Dec 06
% change
Sep 06
to Dec 06
% change
Dec 05
to Dec 06
% points contribution
to growth in GDP
Sep 06 to Dec 06

Agriculture, forestry and fishing
-9.2
-20.4
-0.2
-10.1
-21.2
-0.3
Mining
4.0
8.6
0.2
3.0
5.8
0.2
Manufacturing
1.5
2.0
0.2
1.9
2.6
0.2
Electricity, gas and water supply
0.2
3.9
-
1.3
4.2
-
Construction
1.9
8.1
0.1
4.2
8.8
0.3
Wholesale trade
0.4
1.2
-
1.5
2.1
0.1
Retail trade
0.8
3.5
-
1.4
4.4
0.1
Accommodation, cafes and restaurants
0.2
1.1
-
0.6
1.5
-
Transport and storage
1.6
6.1
0.1
2.3
7.4
0.1
Communication services
1.1
6.5
-
1.2
6.7
-
Finance and insurance
0.9
5.5
0.1
1.0
5.8
0.1
Property and business services
1.0
4.1
0.1
2.0
4.2
0.2
Government administration and defence
1.0
4.1
-
0.5
4.0
-
Education
0.3
1.5
-
0.4
1.5
-
Health and community services
0.4
1.9
-
0.8
2.0
0.1
Cultural and recreational services
1.4
1.9
-
2.7
2.1
-
Personal and other services
1.3
4.4
-
1.4
4.8
-
Ownership of dwellings
0.9
3.8
0.1
1.0
3.8
0.1
Taxes less subsidies on products
0.4
1.9
-
0.9
2.6
0.1
Statistical discrepancy (P)
. .
. .
-0.3
. .
. .
-0.3
Gross domestic product
0.6
2.4
0.6
1.0
2.8
1.0

. . not applicable
- nil or rounded to zero (including null cells)



DECEMBER QUARTER

Summary Comments

Agriculture, Forestry and Fishing

  • The trend estimate fell by 9.2% (seasonally adjusted -10.1%). The main contributor to the fall was cereal crop production, down 68.6% seasonally adjusted.

Mining
  • The trend estimate was 4.0% higher. The seasonally adjusted estimate was 3.0% higher driven by higher oil and gas production.

Manufacturing
  • The trend estimate increased by 1.5% (1.9% seasonally adjusted). Seasonally adjusted, the main industries to increase were Petroleum, coal, and chemicals (+6.8%), Machinery and equipment (+3.7%) and Metal products (+3.3%). These rises were partly offset by a fall in Food, beverages and tobacco production (-2.9%).

Construction
  • The trend estimate increased by 1.9% while the seasonally adjusted estimate rose by 4.2%. Seasonally adjusted, the main contributors were higher Non-dwelling construction activity in both the private (+8.8%) and public sectors (+9.3%).

Wholesale and Retail trade
  • In trend terms, Wholesale increased by 0.4% and Retail by 0.8%. In seasonally adjusted terms Wholesale increased by 1.5% and Retail by 1.4%. The main growth came from Machinery and motor vehicle wholesaling and Motor vehicle retailing.

Transport and Storage
  • The trend estimate increased by 1.6% while the seasonally adjusted estimate increased by 2.3%. The largest contributors, in seasonally adjusted terms, were Road transport (2.2%) and Transport services and storage (2.9%).

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