DECEMBER KEY FIGURES
| | Sep Qtr 2018 to Dec Qtr 2018 | Dec Qtr 2017 to Dec Qtr 2018 |
| | % change | % change |
|
GDP (Chain volume measure) | | |
| Trend | 0.3 | 2.3 |
| Seasonally adjusted | 0.2 | 2.3 |
Final consumption expenditure (Chain volume measure) | | |
| Trend | 0.7 | 3.0 |
| Seasonally adjusted | 0.8 | 2.9 |
Gross fixed capital formation (Chain volume measure) | | |
| Trend | -0.2 | 1.0 |
| Seasonally adjusted | -1.0 | 1.2 |
GDP chain price index | | |
| Original | 1.4 | 3.6 |
Terms of trade | | |
| Seasonally adjusted | 3.1 | 6.0 |
Real net national disposable income | | |
| Trend | 0.5 | 3.0 |
| Seasonally adjusted | 1.2 | 3.7 |
|
GDP growth rates, Volume measures, quarterly change
| Contribution to GDP growth, Seasonally adjusted
|
DECEMBER KEY POINTS
GDP SUMMARY
- The Australian economy grew by 0.2% in seasonally adjusted chain volume terms in the December quarter.
- Government final consumption expenditure increased 1.8% during the quarter contributing 0.3 percentage points to GDP growth.
- Compensation of employees increased by 0.9%.
- Net exports detracted 0.2 percentage points from GDP growth driven by a decline in exports.
- The terms of trade rose 3.1%.
NOTES
FORTHCOMING ISSUES
ISSUE (QUARTER) | Release Date |
March 2019 | 5 June 2019 |
June 2019 | 4 September 2019 |
September 2019 | 4 December 2019 |
December 2019 | 4 March 2020 |
REVISIONS IN THIS ISSUE
There are revisions in this issue due to the incorporation of more up-to-date data and concurrent seasonal adjustment.
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