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5206.0 - Australian National Accounts: National Income, Expenditure and Product, Jun 2003  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 02/09/2003   
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TREND
SEASONALLY ADJUSTED


Quarterly
% change
Mar 03 to
Jun 03
Annual
% change
Jun 02 to
Jun 03
%points
contribution to
growth in GDP
Mar 03 to
Jun03
Quarterly
% change
Mar 03 to
Jun 03
Annual
% change
Jun 02 to
Jun 03
%points
contribution to
growth in GDP
Mar 03 to
Jun03

Agriculture, forestry and fishing
-4.0
-28.8
-0.1
-5.0
-29.9
-0.1
Mining
-1.4
-0.6
-0.1
-3.4
-0.8
-0.2
Manufacturing
0.8
2.7
0.1
-0.5
2.5
-0.1
Electricity, gas and water supply
-1.1
-1.5
-
-0.7
-1.0
-
Construction
-0.6
9.5
-
-3.0
8.3
-0.2
Wholesale trade
0.7
3.5
-
0.9
5.2
-
Retail trade
1.1
3.6
0.1
2.2
4.4
0.1
Accommodation, cafes and restaurants
0.7
4.4
-
2.2
5.4
-
Transport and storage
-1.8
0.5
-0.1
-4.2
-0.1
-0.2
Communication services
0.9
5.6
-
-0.4
5
-
Finance and insurance
1.8
5.4
0.1
3.3
6.2
0.2
Property and business services
-0.1
-0.6
-
0.2
0.1
-
Government administration and defence
0.1
1.4
-
0.9
1.4
-
Education
0.3
1.3
-
0.3
1.4
-
Health and community services
0.4
3.1
-
0.7
2.9
-
Cultural and recreational services
0.1
-
-
3.3
2.3
0.1
Personal and other services
-1.1
-0.7
-
-0.5
0.9
-
Ownership of dwellings
0.7
3.1
0.1
0.7
3.1
0.1
Taxes less subsidies on products
0.4
2.5
-
1
3.3
0.1
Statistical discrepancy (P)
. .
. .
0.2
. .
. .
0.1
Gross domestic product
0.3
1.9
0.3
0.1
2
0.1

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

JUNE QUARTER Summary Comments

Agriculture, Forestry and Fishing
  • The trend estimate fell by 4.0% and the seasonally adjusted estimate dropped 5.0%. This is the sixth quarterly fall in a row in seasonally adjusted terms and reflects the continuing effect of the drought on the farm sector. Since June quarter 2002 this industry has declined by 29.9%.

Manufacturing
  • Increased 0.8% in trend terms but fell by 0.5% in seasonally adjusted terms. The output indicator consists mainly of manufacturers' sales which fell 0.7% in seasonally adjusted terms.

Construction
  • Fell by 0.6% in trend terms and by 3.0% seasonally adjusted. This is the largest seasonally adjusted fall since December quarter 2000.

Transport and storage
  • This industry showed a 1.8% fall in trend terms and a 4.2% fall in seasonally adjusted terms. Most sectors recorded negative growth in seasonally adjusted terms, particularly air transport which fell 7.1% and services and storage which fell 7.8%.

Wholesale and Retail Trade
  • In trend terms wholesale trade rose by 0.7% (up 0.9% seasonally adjusted) and retail trade rose by 1.1% (up 2.2% seasonally adjusted). For the retail industry a seasonally adjusted increase of 1.9% in the ABS measure of retail turnover was boosted by a 5.8% surge in purchases of motor vehicles.


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