MAIN FEATURES PRODUCTION CHAIN VOLUME MEASURES
| Trend | Seasonally adjusted |
| % change
Sep 17
to Dec 17 | % change
Dec 16
to Dec 17 | % points
contributions
to growth
in GDP
Sep 17
to Dec 17 | % change
Sep 17
to Dec 17 | % change
Dec 16
to Dec 17 | % points
contributions
to growth
in GDP
Sep 17
to Dec 17 |
|
Agriculture, forestry and fishing | -3.9 | -8.4 | -0.1 | -2.7 | -8.8 | -0.1 |
Mining | 0.1 | 1.1 | - | 1.3 | 1.0 | 0.1 |
Manufacturing | 0.7 | 3.4 | - | -1.0 | 2.5 | -0.1 |
Electricity, gas, water and waste services | 0.1 | 1.4 | - | -0.8 | 1.3 | - |
Construction | 0.8 | 4.4 | 0.1 | 0.3 | 4.9 | - |
Wholesale trade | -0.3 | -0.4 | - | -0.2 | -0.4 | - |
Retail trade | 0.4 | 2.7 | - | 0.3 | 2.5 | - |
Accommodation and food services | 1.2 | 5.6 | - | 1.0 | 6.7 | - |
Transport, postal and warehousing | -0.4 | 0.1 | - | -0.8 | 0.3 | - |
Information media and telecommunications | 1.1 | 3.7 | - | 2.9 | 4.2 | 0.1 |
Financial and insurance services | 0.7 | 4.5 | 0.1 | 0.1 | 4.1 | - |
Rental, hiring and real estate services | - | 1.4 | - | 2.5 | 2.5 | 0.1 |
Professional, scientific and technical services | 0.7 | 4.3 | - | 0.3 | 3.7 | - |
Administrative and support services | 0.3 | 3.0 | - | -0.6 | 3.8 | - |
Public administration and safety | 0.5 | 1.4 | - | 1.2 | 1.3 | 0.1 |
Education and training | 0.5 | 2.1 | - | 0.5 | 2.1 | - |
Health care and social assistance | 1.7 | 6.0 | 0.1 | 1.9 | 6.4 | 0.1 |
Arts and recreation services | 1.2 | 2.3 | - | 2.2 | 2.8 | - |
Other services | 1.8 | 1.3 | - | 1.9 | -0.6 | - |
Ownership of dwellings | 0.6 | 2.3 | - | 0.6 | 2.3 | 0.1 |
Taxes less subsidies on products | 1.3 | 5.3 | 0.1 | -0.4 | 4.6 | - |
Statistical discrepancy (P) | na | na | - | na | na | - |
Gross domestic product | 0.6 | 2.6 | 0.6 | 0.4 | 2.4 | 0.4 |
|
- nil or rounded to zero (including null cells) |
na not available |
DECEMBER QUARTER
Summary Comments
Overview
- All estimates are in seasonally adjusted chain volume terms unless otherwise stated.
Agriculture, Forestry and Fishing
- Agriculture, Forestry and Fishing fell 2.7% driven by falls in livestock, grains and other crops outpacing the falls in intermediate inputs. This was the third consecutive quarterly fall for the industry.
Mining
- Mining rose 1.3% driven by Iron Ore Mining (5.5%) and Coal Mining (0.7%). Partially offsetting the rise was Oil and Gas Extraction (-1.8%), which experienced its second consecutive fall.
Manufacturing
- Manufacturing fell 1.0% with mixed results across the five sub-categories. Machinery and Equipment Manufacturing (-7.3%), Food, Beverage and Tobacco Products (-0.9%) and Other Manufacturing (-1.3%) all experienced falls. The negative result was partially offset by a rise in Petroleum, Coal, Chemical and Rubber Products (4.2%). The heavy decline in Machinery and Equipment Manufacturing aligned with the decline in transport equipment exports (-22.2%).
Electricity, Gas, Water and Waste Services
- The fall of 0.8% was driven by all three subdivisons, Water Supply and Waste Services (-1.5%), Electricity Supply (-0.2%) and Gas Supply (-1.1%). The negative result aligns with the 3.1% decrease in household final consumption expenditure for electricity, gas and other fuel.
Construction
- The Construction industry grew 0.3% driven by rises in Building Construction (0.9%), Heavy and Civil Engineering Construction (0.2%) and Construction Services (0.1%). Through the year Construction rose 4.9%, consistent with the strength in non-residential construction and public investment.
Information, Media and Telecommunications
- The Information, Media and Telecommunications industry experienced a 2.9% rise this quarter. This result was driven by Telecommunications Services (3.5%) and Other Information and Media Services (2.2%).
Financial and Insurance Services
- The Financial and Insurance Services industry experienced its weakest quarter since June quarter 2014, rising 0.1%. The result was driven by a flat result in Finance and a 0.2% increase in Other Financial and Insurance Services. Weak deposit growth and flat margins contributed to the modest result for Finance.
Health Care and Social Assistance
- The Health Care and Social Assistance industry rose 1.9% driven by rises in both private and public health. Through the year Health Care and Social Assistance has grown 6.4%.