5206.0 - Australian National Accounts: National Income, Expenditure and Product, Sep 2019 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 04/12/2019   
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Main features expenditure chain volume measures


Trend
Seasonally adjusted


% Change
% Change
% points contribution to
% Change
% Change
% points contribution to
Jun 19 to
Sep 18 to
growth in GDP
Jun 19 to
Sep 18 to
growth in GDP
Sep 19
Sep 19
Jun 19 to Sep 19
Sep 19
Sep 19
Jun 19 to Sep 19

Final consumption expenditure
General government
1.4
6.0
0.3
0.9
6.0
0.2
Households
0.2
1.2
0.1
0.1
1.2
0.1
Total final consumption expenditure
0.6
2.5
0.4
0.3
2.4
0.2
Gross fixed capital formation
       
            
            
         
              
Private
       
            
            
         
              
Dwellings
-2.3
-9.2
-0.1
-1.7
-9.6
-0.1
Ownership transfer costs
-0.3
-15.8
         -  
4.5
-13.7
0.1
Non-dwelling construction
-1.9
-5.2
-0.1
0.6
-4.1
        - 
Machinery and equipment
-0.2
1.8
         -  
-4.2
-1.1
-0.2
Cultivated biological resources
0.6
-8.0
         -  
0.8
-5.9
        - 
Intellectual property products
1.9
6.7
         -  
1.7
7.1
        - 
Public
0.6
0.1
         -  
1.9
0.2
0.1
Total gross fixed capital formation
-0.7
-3.5
-0.2
-0.2
-3.8
- 
Changes in inventories
  na
     na
        na
     na
      na
0.1
Gross national expenditure
0.1
0.5
0.1
0.3
0.6
0.3
Exports of goods and services
1.0
3.7
0.2
0.7
3.3
0.2
Imports of goods and services
-0.6
-2.0
0.1
-0.2
-1.5
0.1
Statistical discrepancy (E)
  na
     na 
         -  
     na
      na
-0.1
Gross domestic product
0.5
1.8
0.5
0.4
1.7
0.4

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


September quarter

Summary Comments

Final Consumption Expenditure
  • Household final consumption expenditure increased 0.1% in seasonally adjusted terms. This was driven by rises in health (0.9%), recreation and culture (0.5%), insurance and other financial services (0.3%) and food (0.3%). These were partly offset by falls in discretionary consumption, such as hotels, cafes and restaurants (-0.9%), transport services (-1.4%), clothing and footwear (-0.6%) and purchase of vehicles (-1.0%).
  • Government final consumption expenditure increased 0.9% in seasonally adjusted terms. National general government consumption increased 2.3%, with contributions from both defence and non-defence expenditure, while state and local general government consumption had a small fall of 0.1%.


Gross fixed capital formation
  • Gross fixed capital formation decreased 0.2% in seasonally adjusted terms. Private investment declined 0.7%, driven by falls in machinery and equipment (-4.2%) and dwellings (-1.7%). Public investment partly offset the decline, increasing 1.9%. This was driven by state and local public corporations (7.6%) and national general government (5.1%).


Changes in inventories
  • Total inventories decreased $941m in seasonally adjusted terms following a decrease of $1,366m last quarter. The decrease was driven by a run down in Retail Trade, Manufacturing and public authorities inventories. Mining and Wholesale Trade rose this quarter, following falls in the June quarter. Farm built up inventories for the second consecutive quarter.


Exports and imports of goods and services
  • Exports of goods and services rose 0.7% in seasonally adjusted terms. Exports of goods increased 0.4% driven by increases in non-monetary gold, other mineral fuels and mineral ores, which was partly offset by falls in coal and rural goods. Exports of services rose 1.6% driven by an increase in travel services.
  • Imports of goods and services fell 0.2% in seasonally adjusted terms. Imports of services declined 1.6% driven by a fall in transportation services. This was partly offset by a small rise in the imports of goods of 0.2%, driven by the increase in intermediate goods, while imports of capital and consumption goods fell.