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Gross Domestic Product: June 2008 quarter
Embargoed until 10:45am  –  26 September 2008
Highlights
  • Economic activity decreased 0.2 percent in the June 2008 quarter, following a 0.3 percent decrease in the March 2008 quarter.  
  • In the June 2008 quarter, activity in service industries and goods-producing industries decreased 0.4 percent and 0.2 percent, respectively.
  • Annual growth in gross domestic product was 2.6 percent for the June 2008 year.
 
  • Gross fixed capital formation was up 2.0 percent in the June 2008 quarter.
  • Household consumption expenditure dropped 0.3 percent this quarter, following a 0.4 percent decrease in the March 2008 quarter.
  • Real gross national disposable income increased 5.0 percent for the year ended June 2008.
 Graph, Gross Domestic Product.
 Geoff Bascand 26 September 2008
 Government Statistician ISSN 1178-0290

 

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