5206.0 - Australian National Accounts: National Income, Expenditure and Product, Sep 2012 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 05/12/2012   
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MAIN FEATURES EXPENDITURE CHAIN VOLUME MEASURES

Trend
Seasonally adjusted
% change Jun 12 to Sep 12
% change Sep 11 to Sep 12
% points contributions to growth in GDP Jun 12 to Sep 12
% change Jun 12 to Sep 12
% change Sep 11 to Sep 12
% points contributions to growth in GDP Jun 12 to Sep 12

Final consumption expenditure
General government
0.6
3.9
0.1
-0.4
3.5
-0.1
Households
0.8
3.7
0.4
0.3
3.3
0.2
Gross fixed capital formation
Private
Dwellings
-0.9
-6.6
-
0.7
-6.3
-
Ownership transfer costs
-0.9
-1.4
-
0.6
-0.4
-
Non-dwelling construction
5.1
34.8
0.5
0.1
21.6
-
Machinery and equipment
1.5
1.5
0.1
6.2
1.6
0.4
Cultivated biological resources
4.5
0.5
-
8.1
-2.5
-
Intellectual property products
1.7
5.5
-
2.4
6.0
0.1
Public
-4.9
-7.7
-0.2
-8.2
-7.0
-0.4
Changes in inventories
-
-
na
na
na
0.3
Gross national expenditure
0.8
4.6
0.8
0.5
4.1
0.5
Exports of goods and services
0.7
4.9
0.2
0.8
4.7
0.2
Imports of goods and services
0.6
5.1
-0.1
0.1
3.5
-
Statistical discrepancy (E)
na
na
-0.1
na
na
-0.2
Gross domestic product
0.6
3.4
0.6
0.5
3.1
0.5

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



SEPTEMBER QUARTER

Summary Comments

Final Consumption Expenditure
  • Household final consumption expenditure increased 0.3% in seasonally adjusted terms. The main contributors to growth in Household final consumption were Insurance and other financial services (0.2 percentage points), Rent and other dwelling services (0.1 percentage points), Hotels, cafes and restaurants (0.1 percentage points) and Recreation and culture (0.1 percentage points), offset with detractions from Food (-0.1 percentage points) and Transport services (-0.1 percentage points). Government final consumption expenditure decreased 0.4% in seasonally adjusted terms.

Gross fixed capital formation
  • Gross fixed capital formation increased 0.4% in seasonally adjusted terms. Total private gross fixed capital formation increased 2.1%, reflecting a rise in Total machinery and equipment (up 6.2%), offset by Total Public gross fixed capital formation (down 8.2%).

Changes in inventories
  • Total inventories increased $1 939m in seasonally adjusted terms compared with an increase of $700m last quarter. The change in inventories contributed 0.3 percentage points to GDP growth during the quarter.

Exports and imports of goods and services
  • Exports of goods and services increased 0.8% in seasonally adjusted terms. Seasonally adjusted Exports of goods increased 0.7%, with Rural exports up 2.4%, and Non-rural exports up 0.9%.
  • Imports of goods and services increased 0.1% in seasonally adjusted terms. Seasonally adjusted Imports of goods decreased 0.2%, with Intermediate goods up 3.7%, but Capital goods imports down -6.6%.