 | | Trend
| Seasonally adjusted
| |
| | Quarterly % change Sep 04 to Dec 04 | Annual % change Dec 03 to Dec 04 | % points contribution to growth in GDP Sep 04 to Dec 04 | Quarterly % change Sep 04 to Dec 04 | Annual % change Dec 03 to Dec 04 | % points contribution to growth in GDP Sep 04 to Dec 04 | |
| |
| Compensation of employees | 1.6 | 6.8 | 0.7 | 1.8 | 7.1 | 0.8 | |
| Gross operating surplus | | | | | | | |
| Private | 1.0 | 6.1 | 0.2 | 0.8 | 3.2 | 0.1 | |
| Other | 1.4 | 5.9 | 0.2 | 2.2 | 6.1 | 0.3 | |
| Gross mixed income | 1.5 | 2.6 | 0.1 | 1.5 | -0.8 | 0.1 | |
| Taxes less subsidies on production and imports | 0.8 | 3.3 | 0.1 | -0.8 | 3.2 | -0.1 | |
| Statistical discrepancy (I) | . . | . . | - | . . | . . | 0.1 | |
| Gross domestic product | 1.4 | 6.0 | 1.4 | 1.4 | 5.5 | 1.4 | |
| |
| . . not applicable |
| - nil or rounded to zero (including null cells) |
DECEMBER QUARTER
Summary Comments
Compensation of employees
- The trend increase of 1.6% in the December quarter reflects a rise of 0.6% in average earnings and a 1.0% rise in the number of wage and salary earners. Seasonally adjusted, compensation of employees grew by 1.8%. Average earnings increased by 0.7%, while the number of wage and salary earners increased by 1.1%. Further discussion of compensation of employees is found on pages 10 and 11.
Wages Share(a) of Total Factor Income: Trend
Gross operating surplus (GOS)
- The trend GOS of financial and non-financial corporations increased by 1.1% in the December quarter. Seasonally adjusted, GOS of financial and non-financial corporations increased by 1.4%, following a fall of -0.6% in the September quarter.
Profit(a) Share of Total Factor Income: Trend
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