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Australian National Accounts: National Income, Expenditure and Product
MARCH KEY POINTS KEY AGGREGATES In trend terms, GDP increased 0.8% in the March quarter 2014. Gross value added per hour worked in the market sector rose 0.8% and the Terms of trade fell 0.6%. In seasonally adjusted terms, GDP increased by 1.1% in the March quarter. The Terms of trade decreased 1.2%, and Real gross domestic income increased 0.8%. EXPENDITURE ON GDP In seasonally adjusted terms, the contributors to the increase in expenditure on GDP were Net exports (1.4 percentage points), Final consumption expenditure (0.3 percentage points) and Private gross fixed capital formation (0.2 percentage points). The main ... (full story)
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