• Summary
• Downloads
• Explanatory Notes
• Related Information
• Past Releases

MAIN FEATURES EXPENDITURE CHAIN VOLUME MEASURES

			Trend			Seasonally adjusted
			% change Mar 17 to Jun 17	% change Jun 16 to Jun 17	% points contributions to growth in GDP Mar 17 to Jun 17	% change Mar 17 to Jun 17	% change Jun 16 to Jun 17	% points contributions to growth in GDP Mar 17 to Jun 17
Final consumption expenditure
	General government		0.8	2.7	0.2	1.2	2.7	0.2
	Households		0.7	2.6	0.4	0.7	2.6	0.4
Gross fixed capital formation
	Private
		Dwellings	-1.1	-2.3	-0.1	0.2	-2.5	-
		Ownership transfer costs	3.5	9.1	0.1	1.3	4.7	-
		Non-dwelling construction	1.1	-2.1	0.1	-7.7	-8.3	-0.4
		Machinery and equipment	0.3	-0.2	-	2.9	0.9	0.1
		Cultivated biological resources	4.1	31.3	-	3.0	29.1	-
		Intellectual property products	1.8	7.2	-	2.2	7.9	0.1
	Public		3.2	10.8	0.2	11.9	14.7	0.6
Changes in inventories			na	na	na	na	na	-0.6
Gross national expenditure			0.8	2.6	0.8	0.4	2.1	0.4
Exports of goods and services			0.6	3.6	0.1	2.7	4.3	0.6
Imports of goods and services			1.6	7.0	-0.3	1.2	6.5	-0.2
Statistical discrepancy (E)			na	na	0.1	na	na	0.1
Gross domestic product			0.7	2.1	0.7	0.8	1.8	0.8
- nil or rounded to zero (including null cells)
na not available

• Household final consumption expenditure increased 0.7% in seasonally adjusted terms. This was driven by rises in food (1.5%), insurance and other financial services (1.3%) and rent and other dwelling services (0.5%). Partially offsetting the rise were electricity, gas and other fuels ( -3.7%) and purchases of vehicles (-1.1%). Government final consumption expenditure increased 1.2% in seasonally adjusted terms.

• Gross fixed capital formation increased 1.5% in seasonally adjusted terms. Public investment increased 11.9% during the quarter driven by state and local general government (25.5%). This included the acquisition of the recently completed Royal Adelaide Hospital from the private sector. Private investment decreased 1.1% and was driven by non-dwelling construction (-7.7%). Partially offsetting the fall was machinery and equipment (2.9%). Total gross fixed capital formation contributed 0.4 percentage points to GDP growth during the quarter.

• Total inventories decreased $419m in seasonally adjusted terms following an increase of $1,928m last quarter. The decrease was driven by a rundown in Wholesale Trade inventories, the largest since June 2010, as grain wholesalers run down stock following the strong grain harvest this year. Offsetting the decrease was an increase in Manufacturing inventories. The change in inventories detracted 0.6 percentage points from GDP growth this quarter.

• Exports of goods and services rose 2.7% in seasonally adjusted terms. Seasonally adjusted exports of goods rose 3.1%, with non-rural exports up 3.5% and rural exports down 0.9%. Exports of services rose 1.4%.
• Imports of goods and services rose 1.2% in seasonally adjusted terms. Seasonally adjusted imports of goods rose 1.4% driven by a rise in capital goods (2.8%). Imports of services were up 0.5%.