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5206.0 - Australian National Accounts: National Income, Expenditure and Product, Sep 2003  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 03/12/2003   
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TREND
SEASONALLY ADJUSTED


Quarterly
% change
Jun 03 to
Sep 03
Annual
% change
Sep 02 to
Sep 03
% points
contribution to
growth in GDP
Jun 03 to
Sep03
Quarterly
% change
Jun 03 to
Sep 03
Annual
% change
Sep 02 to
Sep 03
% points
contribution to
growth in GDP
Jun 03 to
Sep03

Agriculture, forestry and fishing
4.7
-10.6
0.1
15.8
-3.7
0.4
Mining
-1.1
-2.3
-
-0.8
-2.4
-
Manufacturing
-0.1
1.4
-
-0.2
0.9
-
Electricity, gas and water supply
0.2
-1.1
-
1.7
-0.6
-
Construction
0.3
5.0
-
1.3
4.9
0.1
Wholesale trade
1.4
4.3
0.1
2.6
3.4
0.1
Retail trade
2.0
5.6
0.1
2.8
5.9
0.1
Accommodation, cafes and restaurants
1.5
5.4
-
1.7
5.0
-
Transport and storage
-0.5
-1.9
-
3.4
-0.6
0.2
Communication services
0.9
4.9
-
1.9
5.5
0.1
Finance and insurance
2.0
7.1
0.1
1.4
6.8
0.1
Property and business services
0.9
2.8
0.1
2.0
3.5
0.2
Government administration and defence
0.1
1.0
-
-
1.1
-
Education
0.2
1.2
-
0.3
1.2
-
Health and community services
0.8
2.5
-
1.6
2.8
0.1
Cultural and recreational services
0.4
2.6
-
0.6
2.6
-
Personal and other services
-0.1
2.2
-
-1.5
1.4
-
Ownership of dwellings
0.9
3.9
0.1
0.9
3.8
0.1
Taxes less subsidies on products
0.6
2.0
0.1
1.0
2.3
0.1
Statistical discrepancy (P)
. .
. .
-0.1
. .
. .
-0.4
Gross domestic product
0.7
2.5
0.7
1.2
2.6
1.2

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


SEPTEMBER QUARTER Summary Comment

Agriculture, Forestry and Fishing
  • Rose by 4.7% in trend terms and by 15.8% in seasonally adjusted terms. This is due to the rebound in agricultural production from the 2002–03 drought. Significant growth in cereal crops is largely responsible for this resurgence.

Manufacturing
  • Fell by 0.1% in trend terms and by 0.2% in seasonally adjusted terms. Food production was lower (by 0.5% seasonally adjusted), the fourth consecutive quarterly fall in this industry. Other manufacturing industries to contribute to the overall fall were chemicals, petroleum and coal products and machinery and equipment.

Construction
  • Increased by 0.3% in trend terms and by 1.3% seasonally adjusted. The main contributor to seasonally adjusted growth was house building.

Transport and storage
  • Fell 0.5% in trend terms but grew by 3.4% in seasonally adjusted terms. All transport industries showed healthy growth in seasonally adjusted terms.

Property and business services
  • Rose by 0.9% in trend terms. Seasonally adjusted growth was 2.0%, the largest quarterly rise since June quarter 2001.

Wholesale and Retail Trade
  • In trend terms wholesale trade rose by 1.4% (up 2.6% seasonally adjusted) and retail trade rose by 2.0% (up 2.8% seasonally adjusted). For retail, growth was driven by a seasonally adjusted increase of 2.7% in the ABS measure of retail turnover.

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