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Embargoed until 10:45am – 26 June 2009


Gross Domestic Product: March 2009 quarter


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Highlights


  • Economic activity decreased 1.0 percent in the March 2009 quarter, the fifth consecutive decrease.
  • Manufacturing activity declined 7.2 percent in the March 2009 quarter.
  • Annual gross domestic product was down 1.0 percent for the year ended March 2009.
  • Household consumption expenditure declined 1.4 percent in the March 2009 quarter. 
  • Gross fixed capital formation was down 6.1 percent in the latest quarter.
  • Real gross national disposable income decreased 0.8 percent for the year ended March 2009.



Geoff Bascand
Government Statistician
26 June 2009
ISSN 1178-0290

See also Gross Domestic Product: March 2009 quarter – Media release.

 



  Gross Domestic Product: March 2009 quarter (pdf)



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