5206.0 - Australian National Accounts: National Income, Expenditure and Product, Jun 2019 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 04/09/2019   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

June key figures

Seasonally adjusted, percentage change (a)

Mar 18 to
Jun 18
Jun 18 to
Sep 18
Sep 18 to
Dec 18
Dec 18 to
Mar 19
Mar 19 to
Jun 19
Jun 18 to
Jun 19

Chain volume GDP and related measures (b)
GDP
0.7
0.3
0.1
0.5
0.5
1.4
GDP per capita (c)
0.3
-0.1
-0.2
0.1
-
-0.2
Gross value added market sector (d)
0.9
-0.2
-0.2
0.7
0.3
0.6
Real net national disposable income
0.1
0.3
1.2
1.3
1.4
4.4
Productivity
GDP per hour worked
-0.5
-
-0.3
-0.3
0.4
-0.2
Real unit labour costs
-0.4
0.1
0.1
-0.8
0.3
-0.4
Prices
Terms of trade
-1.3
1.1
3.0
3.1
1.4
8.9
Current price measures
GDP
1.0
1.2
1.2
1.6
1.2
5.4
Household saving ratio
3.2
2.5
2.7
3.0
2.3
na

na not available
(a) Change on preceding quarter, except for the last column which shows the change between the current quarter and the corresponding quarter of the previous year. Excludes Household saving ratio.
(b) Reference year for chain volume measures and real income measures is 2016-17.
(c) Population estimates are as published in the Australian Demographic Statistics (cat. no. 3101.0) and ABS projections.
(d) ANZSIC divisions A to N, R and S. See Glossary - Market sector.


GDP growth rates, Chain volume measures, quarterly change
Graph: Graph GDP growth rates, Chain volume measures, quarterly change


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

June key points

GDP summary
  • The Australian economy grew by 0.5% in seasonally adjusted chain volume terms in the June quarter.
  • Net exports contributed 0.6 percentage points to GDP growth, with exports and imports both contributing 0.3 percentage points.
  • Domestic final demand contributed 0.3 percentage points to GDP growth.
  • The terms of trade rose 1.4%.
  • Household saving ratio was lower at 2.3.


Notes

Forthcoming issues

Issue (quarter)Release Date
September 20194 December 2019
December 20194 March 2020
March 2020 3 June 2020
June 2020 2 September 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

As of this quarter the ABS has ceased 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>.


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>.