Australian Bureau of Statistics

Rate this page
ABS Home > Statistics > By Catalogue Number
ABS @ Facebook ABS @ Twitter ABS RSS ABS Email notification service
5206.0 - Australian National Accounts: National Income, Expenditure and Product, Mar 2015 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 03/06/2015   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

MARCH KEY FIGURES

Dec Qtr 2014 to Mar Qtr 2015
Mar Qtr 2014 to Mar Qtr 2015
% change
% change

GDP (Chain volume measure)
Trend
0.6
2.2
Seasonally adjusted
0.9
2.3
Final consumption expenditure (Chain volume measure)
Trend
0.6
2.4
Seasonally adjusted
0.5
2.4
Gross fixed capital formation (Chain volume measure)
Trend
-1.3
-4.1
Seasonally adjusted
-1.2
-3.4
GDP chain price index
Original
-
-1.0
Terms of trade
Seasonally adjusted
-2.9
-11.4
Real net national disposable income
Trend
0.1
-
Seasonally adjusted
0.2
-0.2

- nil or rounded to zero (including null cells)

GDP growth rates, Volume measures, quarterly change
Graph: GDP growth rates, Volume measures, quarterly change

Contribution to GDP growth, Seasonally adjusted
Graph: Contribution to GDP growth, Seasonally adjusted




MARCH KEY POINTS


KEY AGGREGATES
  • In trend terms, GDP increased 0.6% in the March quarter 2015. Gross value added per hour worked in the market sector grew 0.1% and the Terms of trade fell 1.9%.
  • In seasonally adjusted terms, GDP increased by 0.9% in the March quarter. The Terms of trade decreased 2.9%, and Real gross domestic income increased 0.2%.


EXPENDITURE ON GDP
  • In seasonally adjusted terms, the main contributors to the increase in expenditure on GDP were Net exports (0.5 percentage points) and Final consumption expenditure (0.4 percentage points). The main detractor was Total gross fixed capital formation (-0.3 percentage points).


INDUSTRY GROSS VALUE ADDED
  • In seasonally adjusted terms, the main contributors to the increase in GDP growth were Mining (0.3 percentage points) and Financial and insurance services (0.2 percentage points). The main detractor to growth in GDP was Construction (-0.1 percentage points).


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
June 2015 2 September 2015
September 2015 2 December 2015
December 2015 2 March 2016
March 2016 1 June 2016



REVISIONS IN THIS ISSUE

There are revisions in this issue due to the incorporation of more up-to-date data and concurrent seasonal adjustment.

From this issue, a trend break has been applied to the June quarter 2014 for the metal ores and minerals component of exports, in current price terms. This trend break will be reassessed as part of ongoing quality improvements as more observations become available. Seasonally adjusted and trend series have been revised due to the incorporation of revised and latest quarter estimates.


UPCOMING CHANGES

The annual chain volume measure estimates of Gross Value Added for Iron ore mining and Other mining previously published in Australian System of National Accounts, 2013-14 (ABS cat. no. 5204.0) have been reviewed. New estimates have been produced and these will be incorporated into the annual Supply and Use tables and published in Australian System of National Accounts, 2014-15 (ABS cat. no. 5204.0) on 30 October 2015. Users can request these preliminary estimates for analytical purposes prior to the publication.


PRIVACY

The ABS Privacy Policy outlines how the ABS will handle any personal information that you provide to the ABS.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or National Accounts by email <national.accounts@abs.gov.au>.



Bookmark and Share. Opens in a new window

Commonwealth of Australia 2015

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.