MAIN FEATURES INCOME AT CURRENT PRICES
 |  | Trend | Seasonally adjusted |
 |  | % change Sep 12 to Dec 12 | % change Dec 11 to Dec 12 | % points contributions to growth in GDP Sep 12 to Dec 12 | % change Sep 12 to Dec 12 | % change Dec 11 to Dec 12 | % points contributions to growth in GDP Sep 12 to Dec 12 |
|
Compensation of employees | 0.7 | 4.2 | 0.3 | 1.5 | 4.8 | 0.7 |
Gross operating surplus |  |  |  |  |  |  |
 | Private | -1.6 | -8.6 | -0.3 | -3.4 | -9.2 | -0.6 |
 | Other | 0.8 | 3.3 | 0.1 | 0.8 | 3.0 | 0.1 |
Gross mixed income | 0.5 | -2.4 | - | 2.0 | -2.9 | 0.2 |
Taxes less subsidies on production and imports | 2.0 | 8.6 | 0.2 | 2.1 | 8.9 | 0.2 |
Statistical discrepancy (I) | na | na | - | na | na | -0.1 |
Gross domestic product | 0.4 | 1.9 | 0.4 | 0.5 | 2.0 | 0.5 |
|
- nil or rounded to zero (including null cells) |
na not available |
DECEMBER QUARTER
Summary Comments
Compensation of employees (COE)
- Total COE trend rose 0.7%, reflecting a rise of 0.2% in average earnings. Seasonally adjusted, COE increased 1.5%, reflecting a rise in average earnings of 1.2%. This was partially driven by an increase in redundancies in the private and public sectors. Seasonally adjusted, COE represented 54.8% of Total factor income.
COE SHARE OF TOTAL FACTOR INCOME: Trend

Gross operating surplus (GOS)
- Trend GOS for Total corporations decreased -1.2%. In seasonally adjusted terms, GOS for Total corporations fell -2.6%. Only Financial corporations recorded an increase (0.6%) with Public non-financial corporations and Private non-financial corporations recording decreases of -3.0% and -3.4% respectively. Seasonally adjusted GOS for Total corporations represented 26.3% of total factor income.
Profit (a) Share of Total Factor Income: Trend
