• Share this page to Facebook
  • Share this page to Twitter
  • Share this page to Google+
Gross Domestic Product: March 2014 quarter
Embargoed until 10:45am  –  19 June 2014
Key facts

Gross domestic product (GDP):

  • Economic activity increased 1.0 percent in the March 2014 quarter.
  • Construction (up 12.5 percent) and mining (up 6.3 percent) were the main drivers of the increase.
  • Wholesale trade (down 1.5 percent) partly offset the growth.
  • Economic activity for the year ended March 2014 was up 3.3 percent. 

Expenditure on gross domestic product:

  • The expenditure measure of GDP was up 1.3 percent in the March 2014 quarter.
  • Exports (up 3.1 percent) and inventories (built up by $376 million) were the main drivers. 
  • Investment increased by 2.1 percent, driven by increases in residential and non-residential building, partly offset by falls in plant, machinery, and equipment, and intangible assets.
  • Household consumption expenditure remained flat, while imports increased by 1.7 percent. 

A diagram giving an overview of the main movements is available from the 'Downloads' box.

Note: Seasonally adjusted chain-volume series expressed in 1995/96 prices.

Liz MacPherson, Government Statistician
ISSN 1178-0290, 19 June 2014

  • Share this page to Facebook
  • Share this page to Twitter
  • Share this page to Google+
Top
  • Share this page to Facebook
  • Share this page to Twitter
  • Share this page to Google+