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5206.0 - Australian National Accounts: National Income, Expenditure and Product, Mar 2008  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 04/06/2008   
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MAIN FEATURES PRODUCTION CHAIN VOLUME MEASURES

Trend
Seasonally adjusted


% change
Dec 07
to Mar 08
% change
Mar 07
to Mar 08
% points contribution
to growth in GDP
Dec 07 to Mar 08
% change
Dec 07
to Mar 08
% change
Mar 07
to Mar 08
% points contribution
to growth in GDP
Dec 07 to Mar 08

Agriculture, forestry and fishing
2.6
13.3
0.1
-2.3
5.6
-0.1
Mining
0.2
-0.5
-
0.8
0.7
0.1
Manufacturing
1.1
2.9
0.1
1.6
3.7
0.2
Electricity, gas and water supply
0.4
1.3
-
1.1
1.8
-
Construction
0.7
2.5
-
2.8
2.6
0.2
Wholesale trade
0.4
2.2
-
-0.7
1.4
-
Retail trade
1.1
5.1
0.1
0.4
4.0
-
Accommodation, cafes and restaurants
-0.2
1.0
-
-0.3
1.2
-
Transport and storage
0.8
4.1
-
1.5
4.3
0.1
Communication services
1.6
7.4
-
0.7
6.6
-
Finance and insurance
2.6
15.4
0.2
1.2
14.5
0.1
Property and business services
1.2
5.0
0.1
2.2
5.6
0.3
Government administration and defence
0.2
1.8
-
-0.3
1.8
-
Education
0.4
1.6
-
0.4
1.6
-
Health and community services
0.6
3.5
-
0.9
3.8
0.1
Cultural and recreational services
0.1
1.5
-
-2.0
0.4
-
Personal and other services
1.9
7.6
-
2.6
7.3
-
Ownership of dwellings
0.8
3.4
0.1
0.8
3.4
0.1
Taxes less subsidies on products
0.6
2.8
0.1
0.9
2.8
0.1
Statistical discrepancy (P)
. .
. .
-0.3
. .
. .
-0.4
Gross domestic product
0.7
3.7
0.7
0.6
3.6
0.6

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



MARCH QUARTER

Summary Comments

Agriculture, Forestry and Fishing
  • The trend estimate of Gross value added increased by 2.6% (seasonally adjusted down 2.3%), driven in seasonally adjusted terms by falls of 3.1% in agricultural production and 3.8% in inputs.

Mining
  • The trend estimate increased by 0.2%. The seasonally adjusted estimate was up 0.8%, impacted by low coal production due to flooding in Queensland.

Manufacturing
  • The trend estimate rose 1.1% and the seasonally adjusted estimate was up 1.6%. In seasonally adjusted terms, rises in Machinery and equipment (up 2.2%), Metal products (up 1.7%) and Petroleum, coal, chemicals, etc (up 1.6%) drove the result. Food, beverage and tobacco (down 0.5%) and non-metallic mineral products (down 0.3%) detracted from growth.

Retail Trade
  • The trend estimate increased by 1.1%. The seasonally adjusted estimate increased by 0.4% with strong growth in personal and household good retailing (up 1.7%).

Construction
  • The trend estimate increased by 0.7%. The seasonally adjusted estimate rose by 2.8%, with growth coming through both private and public engineering construction.

Property and business services
  • The trend estimate increased by 1.2% and the seasonally adjusted estimate increased by 2.2%. Higher business services was the main driver of the result.


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