Statistics NZ > Products & services > Hot Off The Press > Gross Domestic Product > Gross Domestic Product: March 2008 quarter


Embargoed until 10:45am – 27 June 2008


Gross Domestic Product: March 2008 quarter


Highlights  |  Commentary  |  Technical notes  |  Tables  | 


Highlights


  • Economic activity decreased 0.3 percent in the March 2008 quarter, following an increase of 0.8 percent in the December 2007 quarter.
  • Annual growth in gross domestic product was 3.0 percent for the year ended March 2008.
  • Activity in primary industries decreased 4.1 percent, and goods producing industries declined 1.9 percent in the March 2008 quarter.
  • Gross fixed capital formation was down 2.0 percent in the March 2008 quarter.
  • Household consumption expenditure dropped 0.4 percent, following an increase of 0.5 percent last quarter.
  • Real gross national disposable income increased 5.3 percent in the year ended March 2008.


 


Dallas Welch (Mrs)
Acting Government Statistician
27 June 2008
ISSN 1178-0290

There is a companion Media Release published  – Gross Domestic Product: March 2008 quarter.

 



  Gross Domestic Product: March 2008 quarter (pdf)



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