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5206.0 - Australian National Accounts: National Income, Expenditure and Product, Jun 2013 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 04/09/2013   
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JUNE KEY FIGURES

% change Mar qtr 13 to Jun qtr 13
% change Jun qtr 12 to Jun qtr 13

GDP (Chain volume measure)
Trend
0.5
2.5
Seasonally adjusted
0.6
2.6
Final consumption expenditure (Chain volume measure)
Trend
0.5
1.7
Seasonally adjusted
0.5
1.5
Gross fixed capital formation (Chain volume measure)
Trend
-0.9
-1.4
Seasonally adjusted
-0.1
-1.6
GDP chain price index
Original
0.4
0.5
Terms of trade
Seasonally adjusted
0.1
-4.9
Real net national disposable income
Trend
0.7
1.4
Seasonally adjusted
0.4
0.7




GDP growth rates, Volume measures, quarterly change
Graph: GDP growth rates, Volume measures, quarterly change

Contributions to GDP growth, Seasonally adjusted
Graph: Contributions to GDP growth, Seasonally adjusted





JUNE KEY POINTS


KEY AGGREGATES
  • In trend terms, GDP increased 0.5% in the June 2013 quarter. Gross value added per hour worked in the market sector increased 0.5% and the Terms of trade rose 1.1%.
  • In seasonally adjusted terms, GDP increased by 0.6% in the June quarter. The Terms of trade rose 0.1%, and Real gross domestic income rose 0.6%.


EXPENDITURE ON GDP
  • In seasonally adjusted terms, the contributors to expenditure on GDP were Final consumption expenditure (0.4 percentage points), Private gross fixed capital formation (1.4 percentage points) and Changes in inventories (0.2 percentage points). The main detractor was Public gross fixed capital formation (-1.4 percentage points).


INDUSTRY GROSS VALUE ADDED
  • In seasonally adjusted terms, the main contributors to GDP were Financial and insurance services (up 2.1%) and Construction (up 1.9%). Financial and insurance services contributed 0.2 percentage points to the increase in GDP while Construction contributed 0.1 percentage points.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
September 2013 4 December 2013
December 2013 5 March 2014
March 2014 4 June 2014
June 2014 3 September 2014



REVISIONS IN THIS ISSUE

There are revisions in this issue due to the incorporation of more up-to-date data and concurrent seasonal adjustment.


HOURS WORKED

Users should note that in the compilation of the quarterly Industry hours worked series the National Accounts use June quarter Labour Force Survey data to be released on 19 September 2013 in Labour Force, Australia, Detailed, Quarterly, August 2013 (cat. no. 6291.0.55.003).


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or National Accounts on Canberra (02) 6252 6711.



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