• Summary
• Downloads
• Explanatory Notes
• Related Information
• Past Releases

MAIN FEATURES EXPENDITURE CHAIN VOLUME MEASURES

			Trend			Seasonally adjusted
			% change Dec 14 to Mar 15	% change Mar 14 to Mar 15	% points contributions to growth in GDP Dec 14 to Mar 15	% change Dec 14 to Mar 15	% change Mar 14 to Mar 15	% points contributions to growth in GDP Dec 14 to Mar 15
Final consumption expenditure
	General government		0.3	1.6	-	0.4	1.7	0.1
	Households		0.6	2.6	0.4	0.5	2.6	0.3
Gross fixed capital formation
	Private
		Dwellings	3.0	8.8	0.2	4.7	9.2	0.2
		Ownership transfer costs	0.2	-0.4	-	2.3	1.9	-
		Non-dwelling construction	-4.3	-13.0	-0.3	-4.9	-12.9	-0.4
		Machinery and equipment	0.4	5.4	-	-2.9	1.8	-0.1
		Cultivated biological resources	0.4	-0.6	-	0.2	-	-
		Intellectual property products	0.4	1.9	-	1.6	3.5	-
	Public		-2.5	-11.8	-0.1	-2.4	-9.1	-0.1
Changes in inventories			-	-	na	na	na	0.3
Gross national expenditure			-0.1	0.7	-0.1	0.4	1.5	0.4
Exports of goods and services			2.8	8.6	0.6	5.0	8.1	1.1
Imports of goods and services			0.2	0.2	-	3.1	3.3	-0.6
Statistical discrepancy (E)			na	na	0.1	na	na	0.1
Gross domestic product			0.6	2.2	0.6	0.9	2.3	0.9
- nil or rounded to zero (including null cells)
na not available

• Household final consumption expenditure increased 0.5% in seasonally adjusted terms. The main contributor to growth in Household final consumption expenditure was Insurance and other financial services (0.1 percentage points). Government final consumption expenditure increased 0.4% in seasonally adjusted terms.

• Gross fixed capital formation decreased 1.2% in seasonally adjusted terms. Private gross fixed capital formation decreased 1.0%. This was driven by a decrease in Total non-dwelling construction (-4.9%) that was offset by increases in Total dwellings (4.7%) and Ownership transfer costs (2.3%).

• Total inventories increased $323m in seasonally adjusted terms compared with a decrease of $955m last quarter. The Change in inventories added 0.3 percentage points to GDP growth during the quarter.

• Exports of goods and services increased 5.0% in seasonally adjusted terms. Seasonally adjusted Exports of goods rose 5.8%, with Non-rural exports up 4.1 % and Rural exports up 11.8%.
• Imports of goods and services increased 3.1% in seasonally adjusted terms. Seasonally adjusted Imports of goods rose 4.0% with Capital goods up 2.2%, Intermediate goods up 6.2% and Consumption goods up 1.5%.