Gross Domestic Product: March 2010 quarter

Embargoed until 10:45am  –  24 June 2010

Highlights

Gross domestic product (GDP):

  • Economic activity was up 0.6 percent in the March 2010 quarter, following a 0.9 percent increase in the December 2009 quarter.
  • Manufacturing activity was up 1.6 percent, and wholesale trade activity was up 1.4 percent. 
  • Gross domestic product contracted 0.4 percent in the year ended March 2010 compared with the year ended March 2009.
 On the expenditure measure of GDP:
  • The expenditure measure of GDP was also up 0.6 percent in the March 2010 quarter.
  • Household consumption expenditure was up 0.2 percent.
  • General government final consumption expenditure was up 1.7 percent.


 Graph, gross domestic product, quarterly change.

Geoff Bascand

24 June 2010

Government Statistician ISSN 1178-0290