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5206.0 - Australian National Accounts: National Income, Expenditure and Product, Sep 2011 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 07/12/2011   
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MAIN FEATURES EXPENDITURE CHAIN VOLUME MEASURES

Trend
Seasonally adjusted
% change Jun 11 to Sep 11
% change Sep 10 to Sep 11
% points contributions to growth in GDP Jun 11 to Sep 11
% change Jun 11 to Sep 11
% change Sep 10 to Sep 11
% points contributions to growth in GDP Jun 11 to Sep 11

Final consumption expenditure
General government
-
1.4
-
-1.2
0.9
-0.2
Households
1.0
3.7
0.6
1.2
3.8
0.7
Gross fixed capital formation
Private
Dwellings
-
-2.7
-
0.9
-2.9
-
Ownership transfer costs
0.6
-8.5
-
0.7
-8.4
-
Non-dwelling construction
8.4
25.3
0.6
24.4
32.7
1.5
Machinery and equipment
3.5
18.0
0.2
6.4
20.9
0.4
Cultivated biological resources
0.3
-5.8
-
3.9
-9.3
-
Intellectual property products
1.6
5.7
-
1.8
6.1
-
Public
-2.7
-8.3
-0.2
-6.6
-10.2
-0.4
Changes in inventories
na
na
-0.1
na
na
-0.8
Gross national expenditure
1.1
4.5
1.1
1.2
4.7
1.3
Exports of goods and services
0.6
-2.1
0.1
2.0
0.8
0.4
Imports of goods and services
3.5
12.3
-0.8
4.3
13.8
-1.0
Statistical discrepancy (E)
na
na
0.3
na
na
0.3
Gross domestic product
0.8
2.1
0.8
1.0
2.5
1.0

- nil or rounded to zero (including null cells)
na not available



SEPTEMBER QUARTER

Summary Comments

Final Consumption Expenditure
  • Household final consumption expenditure increased 1.2% and Government final consumption expenditure decreased 1.2% in seasonally adjusted terms. The main contributors to growth in Household final consumption were Purchase of vehicles (0.2 percentage points), Recreation and culture (0.2 percentage points) and Hotels, cafes and restaurants (0.2 percentage points).

Gross fixed capital formation
  • Gross fixed capital formation increased 6.0% in seasonally adjusted terms. Total private gross fixed capital formation increased 9.5%, reflecting a rise in Non-dwelling construction (up 24.4%) and Total machinery and equipment (up 6.4%). Public gross fixed capital formation decreased 6.6%.

Changes in inventories
  • Total inventories increased $59m in seasonally adjusted terms compared with an increase of $2 881m last quarter. The change in inventories detracted 0.8 percentage points from GDP growth during the quarter.

Exports and imports of goods and services
  • Exports of goods and services increased 2.0% in seasonally adjusted terms. Seasonally adjusted Exports of goods rose 3.6%, with Rural exports (up 5.8%) and Non-rural exports (up 2.7%).
  • Imports of goods and services increased 4.3% in seasonally adjusted terms. Seasonally adjusted Imports of goods rose 5.7%, with capital good imports being the main driver (up 10.8%).


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