5206.0 - Australian National Accounts: National Income, Expenditure and Product, Mar 2019 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 05/06/2019   
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March key figures

Dec Qtr 2018 to Mar Qtr 2019
Mar Qtr 2018 to Mar Qtr 2019
% change
% change

GDP (Chain volume measure)
Trend
0.3
1.7
Seasonally adjusted
0.4
1.8
Final consumption expenditure (Chain volume measure)
Trend
0.6
2.7
Seasonally adjusted
0.4
2.6
Gross fixed capital formation (Chain volume measure)
Trend
-0.6
-1.0
Seasonally adjusted
-0.7
-1.5
GDP chain price index
Original
1.3
3.8
Terms of trade
Seasonally adjusted
3.1
6.0
Real net national disposable income
Trend
0.9
3.3
Seasonally adjusted
0.9
3.0


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

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


March key points


GDP summary
  • The Australian economy grew by 0.4% in seasonally adjusted chain volume terms in the March quarter.
  • Government final consumption expenditure contributed 0.2 percentage points to GDP growth.
  • Net exports contributed 0.2 percentage points to GDP growth driven by an increase in exports.
  • Compensation of employees increased by 1.2%.
  • The terms of trade rose 3.1%.


Notes

Forthcoming issues

Issue (quarter)Release Date
June 2019 4 September 2019
September 2019 4 December 2019
December 2019 4 March 2020
March 2020 3 June 2020


Revisions in this issue

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


Changes in future releases

From the June quarter 2019, the ABS will cease publishing a PDF as part of the release of Australian National Accounts: National Income, Expenditure and Product, (cat. no. 5206.0). Analysis will be presented in HTML format only on the ABS website. Should you have any concerns regarding this transition, please contact the ABS via email on <client.services@abs.gov.au>.


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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>.