DECEMBER QUARTER 1997 (FINAL ISSUE)
|
| % change
Sep Qtr 97
to Dec Qtr 97 | % change
Dec Qtr 96
to Dec Qtr 97 |
Gross product at constant prices
| | |
|
Mining(b)
Manufacturing
Electricity, gas and water
| 2.5
-0.1
1.1 | 6.7
1.2
3.9 |
| 0.6 | 2.7 |
| % change
Sep Qtr 97
to Dec Qtr 97 | % change
Dec Qtr 96
to Dec Qtr 97 |
Gross product at constant prices
| | |
|
Mining(b)
Manufacturing
Electricity, gas and water
| 3.3
-0.6
3.4 | 5.3
1.2
5.4 |
| 0.8 | 2.6 |
(a) At average 1989-90 prices (b) Excludes services to mining
|
DECEMBER QTR KEY POINTS
TREND ESTIMATES
- Industrial production levels have risen steadily since September quarter 1995 except for the second half of 1996 when production levels remained static. Total industrial production was 2.7% higher than a year earlier and 4.0% higher than two years earlier. Strongest growth was by the Mining industry.
- In the December quarter 1997, industrial production rose by 0.6% overall but mixed results came from the major industries. Production by Mining and by Electricity, gas and water industries grew but manufacturing production fell slightly.
- Production levels fell in five of the nine manufacturing subdivisions. The largest fall was by Metal product manufacturing (-2.6%). The largest rise was by Printing, publishing and recorded media (3.5%).
SEASONALLY ADJUSTED ESTIMATES
- Industrial production grew by 0.8% in December quarter 1997. Strong growth by Mining and Electricity, gas and water industries was largely offset be a fall in the manufacturing industry.