MAIN FEATURES PRODUCTION CHAIN VOLUME MEASURES
| | | Trend | | Seasonally adjusted |
| | |
| |
|
| | | % Change | % Change | % points contribution to | | % Change | % Change | % points contribution to |
| | | Dec 17 to | Mar 17 to | growth in GDP | | Dec 17 to | Mar 17 to | growth in GDP |
| | | Mar 18 | Mar 18 | Dec 17 to Mar 18 | | Mar 18 | Mar 18 | Dec 17 to Mar 18 |
|
Agriculture forestry and fishing | -2.2 | -12.3 | -0.1 | | -1.7 | -13.1 | - |
Mining | 1.3 | 2.5 | 0.1 | | 2.9 | 4.2 | 0.2 |
Manufacturing | 0.8 | 4.5 | - | | 2.4 | 6.4 | 0.1 |
Electricity gas water and waste services | 0.1 | 1.1 | - | | -0.1 | - | - |
Construction | 0.5 | 4.4 | - | | -0.7 | 3.3 | -0.1 |
Wholesale trade | 0.6 | 0.5 | - | | 1.2 | 0.5 | 0.1 |
Retail trade | 0.3 | 2.2 | - | | 0.6 | 2.5 | - |
Accommodation and food services | 0.1 | 4.1 | - | | -1.3 | 3.3 | - |
Transport postal and warehousing | 0.1 | -0.1 | - | | 0.2 | -0.9 | - |
Information media and telecommunications | 0.6 | 3.2 | - | | -0.4 | 3.4 | - |
Financial and insurance services | 0.3 | 3.0 | - | | 0.6 | 3.3 | 0.1 |
Rental hiring and real estate services | 0.4 | 0.9 | - | | -0.4 | 0.2 | - |
Professional scientific and technical services | 0.5 | 3.0 | - | | 0.8 | 3.3 | 0.1 |
Administrative and support services | 1.2 | 4.6 | - | | 3.0 | 5.3 | 0.1 |
Public administration and safety | 1.1 | 2.5 | 0.1 | | 1.4 | 2.6 | 0.1 |
Education and training | 0.5 | 2.1 | - | | 0.5 | 2.2 | - |
Health care and social assistance | 1.7 | 6.5 | 0.1 | | 2.1 | 6.6 | 0.2 |
Arts and recreation services | 1.6 | 4.5 | - | | 1.8 | 4.6 | - |
Other services | 1.8 | 4.9 | - | | 1.4 | 5.7 | - |
Ownership of dwellings | 0.6 | 2.3 | - | | 0.6 | 2.4 | 0.1 |
Taxes less subsidies on products | 0.1 | 4.2 | - | | -0.6 | 4.1 | - |
Statistical discrepancy (P) | na | na | - | | na | na | 0.3 |
Gross domestic product | 0.7 | 2.8 | 0.7 | | 1.0 | 3.1 | 1.0 |
|
- nil or rounded to zero (including null cells) |
na not available |
|
MARCH QUARTER
Summary Comments
Note
- All estimates are in seasonally adjusted chain volume terms unless otherwise stated.
Agriculture, Forestry and Fishing
- Agriculture, Forestry and Fishing fell 1.7% driven by a fall in grains. This was partially offset by a rise in livestock. This was the fourth consecutive quarterly fall in gross value added for the industry.
Mining
- Mining rose 2.9% driven mainly by Oil and Gas Extraction (8.4%), Coal Mining (2.9%) and Iron Ore Mining (0.5%). This quarter featured the biggest rise in Coal Mining since September quarter 2014 due to strong demand for thermal coal. Exploration and Mining Services recorded a second consecutive quarterly fall, but was stronger through the year.
Manufacturing
- Manufacturing grew 2.4% in March quarter 2018 and 6.4% through the year. This is the third positive quarterly growth in four quarters for the industry, although production remains low compared to levels recorded a decade ago. Food, Beverage and Tobacco Products (2.0%) experienced growth due to increased demand for meat exports, which remained strong during the quarter. The gains were partially offset by a fall in Petroleum, Coal, Chemical and Rubber Products (-2.2%).
Construction
- The Construction industry contracted by 0.7%, driven by falls in Building Construction (-0.6%) and Construction Services (-1.7%). The fall was in line with ongoing declines in approvals and commencements for new buildings. A rise in Heavy and Civil Engineering Construction (1.4%) partially offset these falls.
Wholesale Trade
- The Wholesale Trade industry grew 1.2% for the quarter driven by a rise in Other Goods and Grocery, Liquor and Tobacco Product Wholesaling. Machinery and Equipment Wholesaling fell during the quarter coming off a strong December quarter 2017, which was impacted by mobile phone releases.
Information, Media and Telecommunications
- The Information, Media and Telecommunications industry experienced a 0.4% fall this quarter. This result was driven by Telecommunications Services (-0.5%) and Other Information and Media Services (-0.3%). Sales for major Telecommunications companies were coming off an increase associated with new phone releases in the previous quarter. Through the year however, both Telecommunication Services (4.9%) and Other Information and Media Services (1.7%) remained positive.
Financial and Insurance Services
- The Financial and Insurance Services industry rose 0.6% this quarter following flat growth last quarter. The growth this quarter was driven by a rise in Other Financial and Insurance Services (1.8%).
Rental, Hiring & Real Estate Services
- Rental, Hiring & Real Estate Services fell 0.4% driven by Property Operators and Real Estate Services. The fall was partly offset by an increase in car rental services, as well as a rise in machinery and equipment rental associated with the ongoing demand from public infrastructure projects.
Professional, Scientific and Technical Services
- The Professional, Scientific and Technical Services industry grew 0.8% in the March quarter 2018. This is the tenth consecutive positive growth, driven mainly by a rise in Other Professional, Scientific and Technical Services (2.5%). A fall in Computer System Design and Related Services partly offset the positive result.
Administrative and Support Services
- Administrative and Support Services rose 3.0% in the March quarter 2018. The division experienced its largest growth since December quarter 2010 due to a rise in specialised services to businesses. Hours worked for this division also exhibited a strong increase.
Health Care and Social Assistance
- The Health Care and Social Assistance industry rose 2.1%, driven by rises in both public and private health. The division grew 6.6% through the year.