Gross Domestic Product: March 2008 quarter
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.
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- 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.
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| Dallas Welch (Mrs) |
27 June 2008 |
| Acting Goverment Statistician |
ISSN 1178-0290 |