| | Trend
| Seasonally adjusted
| |
| | Quarterly % change Mar 04 to Jun 04 | Annual % change Jun 03 to Jun 04 | % points contribution to growth in GDP Mar 04 to Jun 04 | Quarterly % change Mar 04 to Jun 04 | Annual % change Jun 03 to Jun 04 | % points contribution to growth in GDP Mar 04 to Jun 04 | |
| |
Compensation of employees | 1.6 | 5.8 | 0.7 | 1.5 | 5.6 | 0.7 | |
Gross operating surplus | | | | | | | |
| Private | 3.6 | 12.4 | 0.6 | 11.1 | 16.4 | 1.8 | |
| Other | 1.6 | 6.8 | 0.3 | 1.6 | 7.3 | 0.3 | |
Gross mixed income | 0.8 | 9.8 | 0.1 | -2.4 | 9.1 | -0.2 | |
Taxes less subsidies on production and imports | -0.4 | 5.0 | -0.1 | -2.5 | 4.8 | -0.3 | |
Statistical discrepancy (I) | . . | . . | 0.1 | . . | . . | -0.3 | |
Gross domestic product | 1.7 | 7.8 | 1.7 | 1.9 | 8.2 | 1.9 | |
| |
. . not applicable |
JUNE QUARTER
Summary Comments
Compensation of employees
- The trend increase of 1.6% in the June quarter reflects a rise of 0.6% in average earnings and 1.0% rise in the number of wage and salary earners. Seasonally adjusted, compensation of employees grew by 1.5%. Average earnings increased by 0.2%, while the number of wage and salary earners increased by 1.3%. Further discussion of compensation of employees is found on page 12.
Wages Share(a) of Total Factor Income: Trend
Gross operating surplus
- The trend GOS of financial and non-financial corporations increased by 3.1% in the June quarter. Seasonally adjusted, GOS of financial and non-financial corporations increased by 8.6%, following a fall of 1.2% in the March quarter.
Profit (a) Share of Total Factor Income: Trend