Australian Bureau of Statistics
Celebrating the International Year of Statistics 2013

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MARCH KEY FIGURES

		% change Dec qtr 12 to Mar qtr 13	% change Mar qtr 12 to Mar qtr 13
GDP (Chain volume measure)
	Trend	0.6	2.6
	Seasonally adjusted	0.6	2.5
Final consumption expenditure (Chain volume measure)
	Trend	0.3	1.6
	Seasonally adjusted	0.6	1.7
Gross fixed capital formation (Chain volume measure)
	Trend	-0.9	0.9
	Seasonally adjusted	-2.3	-0.2
GDP chain price index
	Original	1.0	0.3
Terms of trade
	Seasonally adjusted	2.7	-6.2
Real net national disposable income
	Trend	0.2	0.1
	Seasonally adjusted	1.3	1.1

GDP growth rates, Volume measures, quarterly change

Contributions to GDP growth, Seasonally adjusted

• In trend terms, GDP increased 0.6% in the March 2013 quarter. Gross value added per hour worked in the market sector increased 0.7% and the Terms of trade fell 1.1%.
• In seasonally adjusted terms, GDP increased by 0.6% in the March quarter. The Terms of trade rose 2.7%, and Real gross domestic income rose 1.1%.

• In seasonally adjusted terms, the contributors to expenditure on GDP were Net exports (1.0 percentage points) and Final consumption expenditure (0.4 percentage points). The detractors were Total gross fixed capital formation (–0.7 percentage points) and Changes in inventories (–0.4 percentage points).

• In seasonally adjusted terms, the main contributors to GDP were Agriculture, forestry and fishing (up 2.6%),Transport, postal and warehousing (up 2.4%), Financial and insurance services (up 2.2%), Retail trade (up 2.1%) and Mining (up 1.5%). Financial and insurance services contributed 0.2 percentage points to the increase in GDP while the other main contributors each contributed 0.1 percentage points.