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Gross Domestic Product: September 2014 quarter
Embargoed until 10:45am  –  18 December 2014
Key facts

Gross domestic product (GDP):

  • Economic activity grew 1.0 percent in the September 2014 quarter.
  • Primary industries (up 5.8 percent) drove the growth, especially agriculture and mining.
  • Manufacturing (up 2.0 percent) was also a key contributor.
  • Business services (down 2.0 percent), and transport (down 2.6 percent) partly offset the growth.
  • Economic activity for the year ended September 2014 was up 2.9 percent.

Expenditure on gross domestic product:

  • The expenditure measure of GDP was up 1.3 percent in the September 2014 quarter.
  • Investment was up 3.5 percent and household consumption expenditure was up 1.5 percent.
  • Exports were down 0.4 percent, while imports were up 0.3 percent.

                                      Note: Seasonally adjusted chain-volume series expressed in 2009/2010 prices.

 Liz MacPherson, Government Statistician
ISSN 1178-0290, 18 December 2014

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