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Gross Domestic Product: June 2013 quarter
Embargoed until 10:45am  –  19 September 2013
Key facts

Gross domestic product (GDP):

  • Economic activity increased 0.2 percent in the June 2013 quarter.
  • Business services (up 2.6 percent), construction (up 2.3 percent), and retail trade and accommodation (up 2.1 percent) were the main drivers of growth.
  • Agriculture (down 6.4 percent) had the largest decline.
  • Economic activity for the year ended June 2013 was up 2.7 percent.

Expenditure on gross domestic product:

  • The expenditure measure of GDP was up 0.1 percent in the June 2013 quarter.
  • Household consumption expenditure (up 1.5 percent) and gross fixed capital formation (up 3.8 percent) had the largest increases.
  • Exports of goods and services decreased 5.9 percent, driven by a fall in export volumes of dairy products (down 16.8 percent).
  • For the year ended June 2013, expenditure on GDP was up 2.7 percent.

 Graph, Gross domestic product, quarterly change, June 2007 to June 2013.

Liz MacPherson
Government Statistician

19 September 2013
ISSN 1178-0290
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