SEPTEMBER KEY FIGURES
| | % change Jun qtr 10 to Sep qtr 10 | % change Sep qtr 09 to Sep qtr 10 |
|
GDP (Chain volume measure) | | |
| Trend | 0.6 | 2.8 |
| Seasonally adjusted | 0.2 | 2.7 |
Final consumption expenditure (Chain volume measure) | | |
| Trend | 0.9 | 3.3 |
| Seasonally adjusted | 0.6 | 3.5 |
Gross fixed capital formation (Chain volume measure) | | |
| Trend | 0.1 | 5.6 |
| Seasonally adjusted | 0.9 | 6.8 |
GDP chain price index | | |
| Original | 0.7 | 6.6 |
Terms of trade | | |
| Seasonally adjusted | 0.8 | 24.1 |
Real net national disposable income | | |
| Trend | 2.5 | 9.5 |
| Seasonally adjusted | -0.4 | 7.6 |
|
GDP growth rates, Volume measures, quarterly change
| Contributions to GDP growth, Seasonally adjusted
|
SEPTEMBER KEY POINTS
KEY AGGREGATES
- In trend terms, GDP increased 0.6% and Non-farm GDP increased 0.5% in the September quarter 2010. GDP per hour worked in the market sector rose 0.3% and the Terms of trade rose 1.6%.
- In seasonally adjusted terms, GDP increased by 0.2% in the September quarter and Non-farm GDP fell 0.2%. The Terms of trade rose 0.8% and Real gross domestic income rose 0.3%.
EXPENDITURE ON GDP
- In seasonally adjusted terms, the main positive contributors to expenditure on GDP were Household final consumption expenditure (0.3 percentage points), Private gross fixed capital formation (0.1 percentage points) and Public gross fixed capital formation (0.1 percentage points). The largest negative contributor was Net exports (-0.4 percentage points).
INDUSTRY GROSS VALUE ADDED
- In seasonally adjusted terms, Agriculture (up 21.5%) contributed 0.4 percentage points to GDP growth driven largely by strong forecasts for grain crops.
NOTES
FORTHCOMING ISSUES
ISSUE (QUARTER) | Release Date |
December 2010 | 2 March 2011 |
March 2011 | 1 June 2011 |
June 2011 | 7 September 2011 |
September 2011 | 7 December 2011 |
REVISIONS IN THIS ISSUE
The estimates in this issue incorporate estimates from the 2006-07, 2007-08 and 2008-09 annual supply and use tables. There are also revisions to 2009-10 estimates arising from the 2008-09 benchmarks, new data and data confrontation to balance the accounts.
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or National Accounts on Canberra (02) 6252 6711, email <national.accounts@ abs.gov.au>.
SUMMARY COMMENTARY