Gross Domestic Product: June 2009 quarter

Embargoed until 10:45am  –  23 September 2009
See also Gross Domestic Product: June 2009 quarter – Media release

Highlights

Gross domestic product (GDP):
  • Economic activity was up 0.1 percent in the June 2009 quarter, following five quarters of contraction.
  • Activity in the primary industries increased 1.5 percent, while activity in goods-producing industries contracted 0.5 percent.
  • Gross domestic product contracted 1.8 percent for the year ended June 2009.

On the expenditure measure of GDP:

  • Household consumption expenditure was up 0.4 percent in the June 2009 quarter.
  • Total inventories were run down $1.1 billion.
  • Real gross national disposable income decreased 1.3 percent for the year ended June 2009.   

Graph, Gross Domestic Product Quarterly Change

Geoff Bascand 23 September 2009
Government Statistician ISSN 1178-0290