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MAIN FEATURES EXPENDITURE CHAIN VOLUME MEASURES

			Trend			Seasonally adjusted
			% change Dec 08 to Mar 09	% change Mar 08 to Mar 09	% points contribution to growth in GDP Dec 08 to Mar 09	% change Dec 08 to Mar 09	% change Mar 08 to Mar 09	% points contribution to growth in GDP Dec 08 to Mar 09
Final consumption expenditure
	General government		0.3	2.1	-	0.3	2.5	0.1
	Households		0.4	0.9	0.2	0.6	0.8	0.3
Gross fixed capital formation
	Private
		Dwellings	-3.1	-4.1	-0.2	-5.6	-5.7	-0.3
		Business investment	-1.8	3.8	-0.3	-6.1	1.1	-1.1
		Ownership transfer costs	-0.9	-18.2	-	7.0	-14.2	0.1
	Public		-1.3	2.8	-0.1	-2.5	-0.2	-0.1
Changes in inventories
	Private non-farm		. .	. .	-0.5	. .	. .	-0.1
	Farm and public authority		. .	. .	-0.1	. .	. .	0.1
Gross national expenditure			-0.9	-0.9	-0.9	-1.0	-1.4	-1.1
Exports of goods and services			0.4	2.1	0.1	2.7	3.5	0.6
Imports of goods and services			-6.1	-8.9	1.4	-7.0	-10.3	1.6
Statistical discrepancy (E)			. .	. .	-0.1	. .	. .	-0.7
Gross domestic product			-0.1	0.3	-0.1	0.4	0.4	0.4
. . not applicable
- nil or rounded to zero (including null cells)

• Household final consumption expenditure increased 0.6% in seasonally adjusted terms. The main positive contributors to growth in seasonally adjusted terms were Clothing and Footwear (up 1.8%) and Food (up 1.1%). The main negative contributors in seasonally adjusted terms were Purchase of vehicles (down 1.4%) and Furnishings and household equipment (down 0.8%).

• Private business investment decreased 6.1% in seasonally adjusted terms largely reflecting a decrease in Machinery and equipment investment (down 9.6%). Dwelling investment showed a decrease of 5.6% this quarter due to a decrease in New and used dwellings (down 6.3%) and a decrease in Alterations and additions (down 4.8%).

• Total inventories fell by $3,836m in trend terms and $3,351m in seasonally adjusted terms. Changes in inventories had no impact on GDP growth during the quarter.

• Exports of goods and services rose 0.4% in trend terms and rose 2.7% in seasonally adjusted terms. Seasonally adjusted Exports of goods rose 2.8%, with a fall in Non-rural (down 1.1%) offset by a rise in Rural exports (up 18.3%). The fall in Non-rural exports reflected falls in the exports of Transport equipment (down 25.2%) and Coal (down 12.9%).
• Imports of goods and services fell 6.1% in trend terms and fell 7.0% in seasonally adjusted terms. Seasonally adjusted Imports of goods fell 8.6%, with falls in Consumption Goods (down 10.3%), Intermediate goods (down 10.3%) and Capital goods (down 7.1%)