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MAIN FEATURES EXPENDITURE CHAIN VOLUME MEASURES

			Trend			Seasonally adjusted
			% change Mar 14 to Jun 14	% change Jun 13 to Jun 14	% points contributions to growth in GDP Mar 14 to Jun 14	% change Mar 14 to Jun 14	% change Jun 13 to Jun 14	% points contributions to growth in GDP Mar 14 to Jun 14
Final consumption expenditure
	General government		0.3	1.4	-	0.3	1.4	-
	Households		0.5	2.5	0.3	0.5	2.5	0.3
Gross fixed capital formation
	Private
		Dwellings	3.2	9.5	0.2	2.3	8.6	0.1
		Ownership transfer costs	2.0	10.7	-	-0.8	7.3	-
		Non-dwelling construction	0.5	-8.2	-	2.5	-14.2	0.2
		Machinery and equipment	-1.7	-12.1	-0.1	-3.4	-13.7	-0.2
		Cultivated biological resources	1.5	13.7	-	2.2	13.3	-
		Intellectual property products	2.3	4.8	0.1	3.7	5.7	0.1
	Public		0.1	4.1	-	-3.9	38.7	-0.2
Changes in inventories			-	-	0.2	na	na	0.9
Gross national expenditure			0.7	1.2	0.7	1.4	1.6	1.3
Exports of goods and services			1.3	7.0	0.3	-0.8	5.4	-0.2
Imports of goods and services			1.0	-1.0	-0.2	3.7	-1.1	-0.7
Statistical discrepancy (E)			na	na	-0.1	na	na	0.1
Gross domestic product			0.7	3.2	0.7	0.5	3.1	0.5
- nil or rounded to zero (including null cells)
na not available

• Household final consumption expenditure increased 0.5% in seasonally adjusted terms. The main contributor to growth in Household final consumption expenditure was Rent and other Dwelling services (0.1 percentage points). Government final consumption expenditure increased 0.3% in seasonally adjusted terms.

• Gross fixed capital formation increased 0.3% in seasonally adjusted terms. Private gross fixed capital formation increased by 1.1% driven by increases in Total non-dwelling construction (2.5%) and Total dwellings (2.3%). These increases were offset by a decrease in Total machinery and equipment of 3.4%.

• Total inventories increased $1 072m in seasonally adjusted terms compared with a decrease of $2 622m last quarter. The Change in inventories contributed 0.9 percentage points to GDP growth during the quarter.

• Exports of goods and services decreased 0.8% in seasonally adjusted terms. Seasonally adjusted Exports of goods fell 1.1%, with Rural exports down 8.9% and Non-rural exports up 1.1%.
• Imports of goods and services increased 3.7% in seasonally adjusted terms. Seasonally adjusted Imports of goods increased 3.7%, Capital goods up 10.5%, Intermediate goods up 2.3% and Consumption goods up 0.6%.