Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
5206.0 - Australian National Accounts: National Income, Expenditure and Product, Dec 2009  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 03/03/2010   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product
MEDIA RELEASE
March 3, 2010
Embargo: 11.30 am (CANBERRA TIME) 03/03/2010
22/2010

Australian economy continues to grow: ABS

Latest ABS figures show that GDP, in seasonally adjusted volume terms, grew 0.9% in the December quarter 2009, after growing 0.3% in the September quarter.

Growth in the expenditure measure of GDP was driven by a 3.5% increase in private investment , a 10.2% increase in public investment and a 0.7% increase in household expenditure. Offsetting these increases was a fall in net exports. The fall in net exports was due to imports (up 7.7%) growing faster than exports (up 1.7%).

The industries that provided the main contribution to growth in the production measure of GDP in the December quarter were manufacturing with a 5.1% increase in seasonally adjusted volume terms and wholesale trade with a 3.6% increase in seasonally adjusted volume terms.

Further details can be found in Australian National Accounts: National Income, expenditure and Product (cat. no. 5206.0) available for free download on the ABS website at www.abs.gov.au

Media Note: When reporting ABS data the Australian Bureau of Statistics (or ABS) must be attributed as the source

Bookmark and Share. Opens in a new window

Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.