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Gross Domestic Product: September 2013 quarter
Embargoed until 03:00pm  –  19 December 2013
Key facts

Gross domestic product (GDP):

  • Economic activity increased 1.4 percent in the September 2013 quarter.
  • Agriculture (up 17.0 percent) driven by increased dairy production was the main contributor to the growth.
  • Construction (down 1.0 percent) and business services (down 0.8 percent) partly offset the growth.
  • Economic activity for the year ended September 2013 was up 2.6 percent.

Expenditure on gross domestic product:

  • The expenditure measure of GDP was up 1.1 percent in the September 2013 quarter.
  • Gross fixed capital formation increased 3.1 percent, while inventories were built-up by $770 million
  • Imports of goods and services increased 4.5 percent, driven by a rise in imports of machinery and plant.
  • For the year ended September 2013, expenditure on GDP was up 2.7 percent.

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

Liz MacPherson
Government Statistician

19 December 2013
ISSN 1178-0290
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