MAIN FEATURES EXPENDITURE CHAIN VOLUME MEASURES
| | | Trend | Seasonally adjusted |
| | | % change Mar 15 to Jun 15 | % change Jun 14 to Jun 15 | % points contributions to growth in GDP Mar 15 to Jun 15 | % change Mar 15 to Jun 15 | % change Jun 14 to Jun 15 | % points contributions to growth in GDP Mar 15 to Jun 15 |
|
Final consumption expenditure | | | | | | |
| General government | 1.1 | 3.1 | 0.2 | 2.2 | 4.0 | 0.4 |
| Households | 0.6 | 2.6 | 0.3 | 0.5 | 2.5 | 0.3 |
Gross fixed capital formation | | | | | | |
| Private | | | | | | |
| | Dwellings | 2.5 | 10.3 | 0.1 | -1.1 | 7.4 | -0.1 |
| | Ownership transfer costs | 3.0 | 4.1 | - | 4.4 | 3.1 | 0.1 |
| | Non-dwelling construction | -1.8 | -12.4 | -0.1 | 0.4 | -14.0 | - |
| | Machinery and equipment | -1.2 | 0.3 | -0.1 | -1.1 | 1.1 | - |
| | Cultivated biological resources | 1.4 | 1.1 | - | 3.9 | 3.0 | - |
| | Intellectual property products | -0.3 | -0.9 | - | -2.8 | -5.0 | -0.1 |
| Public | 1.9 | -5.3 | 0.1 | 4.0 | 0.4 | 0.2 |
Changes in inventories | - | - | na | na | na | -0.2 |
Gross national expenditure | 0.5 | 1.1 | 0.5 | 0.6 | 0.9 | 0.6 |
Exports of goods and services | 0.2 | 5.3 | - | -3.3 | 4.5 | -0.7 |
Imports of goods and services | 0.7 | 1.0 | -0.1 | -0.7 | -0.7 | 0.1 |
Statistical discrepancy (E) | na | na | 0.1 | na | na | 0.2 |
Gross domestic product | 0.5 | 2.2 | 0.5 | 0.2 | 2.0 | 0.2 |
|
- nil or rounded to zero (including null cells) |
na not available |
JUNE QUARTER
Summary Comments
Final Consumption Expenditure
- Household final consumption expenditure increased 0.5% in seasonally adjusted terms. The main contributor to growth in Household final consumption expenditure was Health (0.2 percentage points). Government final consumption expenditure increased 2.2% in seasonally adjusted terms.
Gross fixed capital formation
- Gross fixed capital formation (GFCF) increased 0.4% in seasonally adjusted terms. Total public GFCF was the main contributor to growth during the quarter (4.0%). This was partially offset by falls in Intellectual property products (-2.8%) and Dwellings (-1.1%).
Changes in inventories
- Total inventories decreased $182m in seasonally adjusted terms compared with an increase of $580m last quarter. The Change in inventories detracted 0.2 percentage points from GDP growth during the quarter.
Exports and imports of goods and services
- Exports of goods and services decreased 3.3% in seasonally adjusted terms. Seasonally adjusted Exports of goods fell 4.0%, with Non-rural exports down 2.7 % and Rural exports down 0.6%.
- Imports of goods and services decreased 0.7% in seasonally adjusted terms. Seasonally adjusted Imports of goods fell 0.4% with Capital goods down 9.3%, offset by Intermediate goods up 1.2% and Consumption goods up 4.0%.