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Gross Domestic Product: June 2012 quarter
Embargoed until 10:45am  –  20 September 2012
Key facts

Gross domestic product (GDP):

  • Economic activity increased 0.6 percent in the June 2012 quarter.
  • Agriculture (up 4.7 percent) was the largest contributor to economic growth this quarter.
  • Construction (up 3.3 percent) and manufacturing (up 0.8 percent) also increased.
  • Economic activity for the year ended June 2012 was up 2.0 percent.

Expenditure on gross domestic product:

  • The expenditure measure of GDP was up 0.3 percent in the June 2012 quarter.
  • Investment in fixed assets was up 3.1 percent.
  • The volume of expenditure by New Zealand households was up 0.2 percent.
  • For the year ended June 2012, expenditure on GDP was up 1.7 percent.
  • In current prices, expenditure on GDP was $205 billion for the year ended June 2012.

Graph, Gross domestic product, quarterly change, June 2006 to June 2012.

Geoff Bascand
Government Statistician

20 September 2012
ISSN 1178-0290
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