Gross Domestic Product June 2009 quarter by ypy11747

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Gross Domestic Product: June 2009 quarter
Highlights
Gross domestic product (GDP):

      Economic activity was up 0.1 percent in the June 2009 quarter, following five quarters of
       contraction.
      Activity in the primary industries increased 1.5 percent, while activity in goods-producing
       industries contracted 0.5 percent.
      Gross domestic product contracted 1.8 percent for the year ended June 2009.

On the expenditure measure of GDP:

      Household consumption expenditure was up 0.4 percent in the June 2009 quarter.
      Total inventories were run down $1.1 billion.
      Real gross national disposable income decreased 1.3 percent for the year ended June
       2009.




Geoff Bascand                                                                  23 September 2009
Government Statistician                                                            ISSN 1178-0290
Commentary
All references to quarterly movements are to seasonally adjusted chain-volume series
expressed in 1995/96 prices unless otherwise stated.

Economic activity increases

Economic activity increased 0.1 percent in the June 2009 quarter, the first quarterly
increase in gross domestic product (GDP) since the December 2007 quarter. Because
this movement is so close to zero, no significant conclusions can be drawn that this is a
turning point. Economic activity for the year ended June 2009 contracted 1.8 percent
compared with 2.5 percent growth for the year ended June 2008. This is the largest
annual contraction in economic activity since the series began in June 1987.




Activity in primary industries increased 1.5 percent this quarter. This increase was mainly
driven by the fishing, forestry, and mining industry (up 4.0 percent).

Activity in goods-producing industries decreased 0.5 percent in the June 2009 quarter,
the sixth quarterly contraction. The decrease was driven by manufacturing (down 1.3
percent) and construction activity (down 1.9 percent). A 5.9 percent increase
in electricity, gas and water partly offset these decreases.

Service industries were flat this quarter. Increases in real estate and business services
(up 1.5 percent) and communications (up 1.7 percent) were offset by declines in
wholesale trade (down 2.1 percent), transport and storage (down 3.3 percent), and
government administration and defence (down 0.4 percent).

The expenditure-based measure of GDP, released concurrently with the production-
based measure, was up 0.4 percent in the June 2009 quarter.




                                             2
Household consumption expenditure increased 0.4 percent in the June 2009 quarter.
Services and non-durable goods both increased, up 0.6 percent and 0.8 percent,
respectively. Expenditure on durable items decreased (down 0.9 percent). In the year
ended June 2009, household consumption expenditure decreased 1.1 percent.

Gross fixed capital formation, which measures investment in fixed assets, was up 0.1
percent in the June 2009 quarter. Business investment increased 1.3 percent, mainly
due to a 6.3 percent rise in intangibles and a 2.9 percent rise in other construction.

Total exports volumes increased 4.7 percent in the June 2009 quarter, mainly driven by
an increase in exports of dairy products (up 20.9 percent). Total import volumes were
down 3.8 percent, with intermediate goods (down 6.1 percent), and capital goods (down
3.5 percent) making the largest contributions.



Gross domestic product by industry

Primary industries

Primary industry activity increased 1.5 percent in the June 2009 quarter following a 0.6
percent increase in the March 2009 quarter.

Forestry and logging (up 8.0 percent) was the main driver of the increase in primary
industry activity this quarter. The increase in forestry and logging activity is related to an
increase in exports of logs to the People's Republic of China. On the expenditure side of
GDP, exports of wood and paper products were up 6.9 percent.




Mining was up 2.3 percent this quarter, mainly due to increased oil extraction. The Maari
oil field, which commenced production in the March quarter, reached full production in
the June 2009 quarter. Agriculture also increased, up 0.5 percent this quarter.

For the year ended June 2009, activity in primary industries decreased 0.9 percent.



                                              3
Goods-producing industries

Activity in goods-producing industries decreased 0.5 percent in the June 2009 quarter,
the sixth consecutive quarterly decrease. Manufacturing was the main contributor to the
decrease.

Manufacturing activity declined 1.3 percent this quarter. The largest declines within
manufacturing came from: machinery and equipment manufacturing (down 7.3 percent),
non-metallic mineral manufacturing (down 11.7 percent), and food, beverage and
tobacco manufacturing (down 1.5 percent). An increase in petroleum, chemicals, plastics
and rubber manufacturing partly offset these decreases.




Electricity, gas and water increased 5.9 percent this quarter, mainly due to electricity
generation. The demand for electricity was high due to a colder than usual winter. High
lake levels meant that more demand was met through hydro-electricity generation.




                                            4
Construction activity decreased 1.9 percent in the June 2009 quarter following a 0.4
percent increase in the March 2009 quarter. The decrease in construction activity was
mainly due to declines in construction trade services (down 3.6 percent) and residential
building construction (down 6.2 percent). Construction trade services measures the
services (ie sub-contractors) required for residential and non-residential building projects,
and is the largest component of construction activity. Non-building construction was up
1.9 percent this quarter, driven by large infrastructure projects.

For the year ended June 2009, activity in goods-producing industries decreased 7.6
percent. This is the largest annual decline since the series began in June 1987. Goods-
producing industries were down 9.9 percent in the June 2009 quarter compared with the
June 2008 quarter.

Service industries

Activity in the service industries was flat in the June 2009 quarter following a similar
movement in the March 2009 quarter.

In the service industries, finance, insurance and business services (up 0.6 percent) had
the largest increase this quarter. Within this industry, real estate and business
services increased 1.5 percent, while finance and insurance services declined 0.9
percent. The increase in real estate and business services was driven by
increased house sales and more hours worked in the business services industries.
Communication services, which includes telecommunication and postal services, was up
1.7 percent this quarter.




                                              5
Other service industries that declined this quarter were wholesale trade (down 2.1
percent) and transport and storage services (down 3.3 percent). General government
administration and defence had its largest decline since the December 2002 quarter,
down 0.4 percent this quarter. The main driver of this decrease was central government
administration and defence (down 1.8 percent), while local government was up. Within
central government, the administration, defence, and public order and safety industries
all declined.

For the year ended June 2009, service industries were up 0.6 percent compared with
growth of 3.2 percent for year ended June 2008.

Unallocated items

Unallocated items include taxes and items that are not allocated to any specific industry.
These items are: the financial service charge, the seasonal adjustment balancing item,
and taxes that are levied on the purchaser not the producer (such as GST and import
duties). Unallocated items were up 3.5 percent in the June 2009 quarter.

Expenditure on gross domestic product

Expenditure on GDP increased 0.4 percent in the June 2009 quarter. For the year ended
June 2009, expenditure on GDP decreased 1.2 percent. While the production- and
expenditure-based measures are both official series, the production-based measure has
historically shown less volatility and is the preferred series for quarter-on-quarter
changes.

Households

Household final consumption expenditure increased 0.4 percent in the June 2009
quarter, the first increase in household spending since the December 2007 quarter. For
the year ended June 2009, household consumption expenditure fell 1.1 percent.
Household consumption expenditure measures the volume of spending by New
Zealand-resident households on goods and services.




                                            6
Household expenditure on services increased 0.4 percent in the June 2009 quarter. The
main contributors to the increase in household spending were health and medical
services, and other goods and services (such as phone and postal services).

Expenditure on non-durables increased 0.8 percent in the June 2009 quarter. Household
expenditure on motor fuels, and food and beverages were the main contributors to the
increase.

Household expenditure on durables decreased 0.9 percent for the June 2009 quarter.
This is the third consecutive quarterly decrease for durables. Decreased household
spending on new vehicles, and personal supplies and goods were the main contributors
to the fall in durables in the latest quarter. For the year ended June 2009, durables
decreased 3.4 percent.

Residential building decreased 2.6 percent in the June 2009 quarter. In level terms,
residential building construction is the lowest it has been since the September 2001
quarter. For the year ended June 2009, residential building declined 24.9 percent.




                                            7
Business investment

Business investment in fixed assets increased 1.3 percent in the June 2009 quarter,
following three consecutive quarters of decline. For the year ended June 2009, business
investment in fixed assets decreased 8.2 percent compared with an increase of 4.3
percent for the year ended June 2008.




Investment in intangibles was up 6.3 percent in the June 2009 quarter with the main
contributions coming from investment on software and exploration. The increase in
software investment was driven by an increase in imports of software, while exploration
investment was up due to an increase in metres drilled. Other construction
also increased this quarter (up 2.9 percent), with investment in infrastructure the largest
contributor.

Investment in plant and machinery fell 3.8 percent in the June 2009 quarter, the fourth
consecutive quarterly fall. Imports of plant and machinery capital goods were down 4.0
percent, and domestic production of machinery and plant also decreased.




                                             8
Overall, total inventories were run down $1.1 billion in the June 2009 quarter, with an
$817 million run down in manufacturing inventories the largest contributor. The large run
down in inventories was driven by exports of goods, as demand was met through
existing stock rather than production. Lower manufacturing and imports of goods this
quarter also meant that those inventories weren't replaced.

Government

General government final consumption expenditure decreased 1.0 percent in the June
2009 quarter, and was up 2.3 percent for the year ended June 2009. Central government
recorded a 1.4 percent decrease in expenditure in the latest quarter, with decreases in
education spending the main contributor. This is the largest decrease in central
government expenditure since the December 2001 quarter. Local government final
consumption expenditure increased 2.2 percent in the June 2009 quarter.

Exports and imports

Export volumes of goods and services increased 4.7 percent in the June 2009 quarter,
following a 0.6 percent increase in the previous quarter. Export volumes for the year
ended June 2009 were down 3.9 percent.

The volume of goods exported increased 5.0 percent in the June 2009 quarter.
Increases in export volumes of dairy products (up 20.9 percent) and wood and paper
products (up 6.9 percent) were the largest contributors to the increase. The increase in
wood and paper products was related to the increase in domestic production of forestry
and logging.

Exports of services were down 2.6 percent in the June 2009 quarter. Exports of travel
services, which measures the volume of spending by overseas visitors to New Zealand,
decreased 1.6 percent.




Import volumes of goods and services were down 3.8 percent in the June 2009 quarter.
Intermediate goods had the largest contribution (down 6.1 percent). Passenger motor


                                            9
cars recorded an increase this quarter (up 36.3 percent), following large declines in the
last two quarters. For the year ended June 2009, import volumes decreased 12.3
percent compared with a 10.1 percent increase in the year ended June 2008.

In the June 2009 quarter, merchandise import volumes decreased 3.7 percent, while
imports of services decreased 3.9 percent.

The largest decreases in merchandise import volumes in the June 2009 quarter came
from imports of intermediate goods. Imports of capital goods also fell (down 3.5 percent),
with imports of machinery and plant equipment (down 4.0 percent) the main driver. This
movement is also reflected in the decline in investment in plant machinery and
equipment (down 3.8 percent).

Real gross national disposable income

Real gross national disposable income (RGNDI) decreased 1.3 percent for the year
ended June 2009, while GDP contracted 1.8 percent over the same period. GDP is a
measure of economic activity, while RGNDI is a measure of the volumes of goods and
services that New Zealand residents have command over. RGNDI takes into account
changes in the terms of trade effect (the price of imports relative to the price of exports),
and real gains from net investment and transfer income with the rest of the world.




Implicit price deflators

The GDP implicit price deflator (IPD) for the year ended June 2009 increased 1.9
percent. The GDP IPD is a broad measure of the overall price change for final goods and
services produced in New Zealand.

The IPD for gross national expenditure was up 3.9 percent for the year ended June
2009. This provides a broad measure of the overall price change for final goods and
services purchased in New Zealand (such as consumer and investment goods). In the
June 2009 quarter, the IPD for exports of goods and services fell 10.7 percent, mainly



                                             10
driven by a decrease in prices of dairy exports as reported in the Overseas Trade
Indexes (Prices): June 2009 quarter (provisional) release.

Revisions

Production measure

      Forestry and logging have been revised as provisional data has been replaced
       with actual data. From the June 2009 quarter onwards, forestry and logging data
       will be actual rather than provisional.
      Agriculture value added has been revised due to implementation of new livestock
       benchmarks, updated deflators and revisions to source data.
      Manufacturing has been revised due to updated information from the quarterly
       Economic Survey of Manufacturing and revisions to the Producers Price Index
       (PPI).
      Wholesale trade has been revised due to updated information from the Wholesale
       Trade Survey.
      Mining, GST, education, ownership of occupied dwellings, import duties, finance
       and insurance, property services, and local government administration have all
       been updated due to updated source data.

Expenditure measure

      Household consumption expenditure has been revised due to incorporation of
       new annual benchmarks and updated source data.
      Inventories has been revised due to revisions to the Economic Survey of
       Manufacturing, the Wholesale Trade Survey and the PPI.
      Exports and imports have been revised due to updated source data from the
       Overseas Trade Indexes and Balance of Payments.
      Gross fixed capital formation and local government final consumption expenditure
       have been revised due to updated source data.

For technical information contact:
Anqi Tan or Viki Ward
Wellington 04 931 4600
Email: info@stats.govt.nz

                                     Next release ...

  Gross Domestic Product: September 2009 quarter will be released on 23 December
                                     2009.




                                           11
Technical notes
First available information for June 2009 quarter

Statistics in the attached tables provide the first available information on the chain-
volume measure of gross domestic product (GDP) for the June 2009 quarter.

Statistics for recent periods are based on information available at time of publication and
are subject to revision as additional or improved data becomes available.

Quarterly Gross Domestic Product: Sources and Methods (second
edition)

The second edition of the Quarterly Gross Domestic Product: Sources and Methods (2nd
ed.) was released on 20 June 2008. It provides an update of the sources and methods
used for all quarterly GDP series produced by Statistics New Zealand, in both chain-
volume measures and current prices. Significant changes to compilation methods and
data sources have been introduced since the publication of the first edition of this report
in 1996. These include the implementation of the new international standard, System of
National Accounts 1993; the rebasing of the constant price series from 1991/92 to
1995/96 prices; the introduction of chain-linking; and the adoption of a new industry
classification, the Australian and New Zealand Standard Industrial Classification 1996
(ANZSIC96).

A free electronic version is available on Statistics New Zealand’s website at:
www.stats.govt.nz/statisticsprod/Publications/NationalAccounts/qtrly-gdp-sources-and-
methods-2nd-edition.aspx. Or contact the information centre (call toll-free 0508 525 525
or email info@stats.govt.nz) for hard copies.

Chain-volume series expressed in 1995/96 prices

The series in this release are chain-linked and expressed in the average prices of the
1995/96 year. They are best described as annually reweighted chained Laspeyres
volume indexes. Series are expressed in 1995/96 dollars rather than as index numbers,
since this has the advantage of showing the relative size of each component.

The chain-volume measures of GDP and expenditure on GDP are constructed by: (a)
compiling a Laspeyres volume index of the component in question, using the previous
year's prices as weights; and then (b) chaining the sequence of annual movements to
produce a continuous time series. This procedure is used at different levels within the
accounts. For example, GDP is compiled by weighting together the individual industry
value-added components to produce a Laspeyres volume index for each quarter, and
then linking the resulting indexes to produce the GDP time series. Each industry
component, such as transport and communication, is also a chained-volume series. At
this lowest level, the 'elemental series' are not chained and are either single series in
their own right or fixed-weight series comprising a number of components. Chaining is
not adopted, either because relative price changes are not considered significant or (and
this is the more likely scenario) the detailed information needed for annual weights is not
available.


                                             12
It is important to note that chain-volume series are not additive (ie the chain-volume
series for an aggregate will not equal the sum of the values of its components). This is
explained more fully in the report Chain Volume Measures in National Accounts,
available at the Statistics NZ website (www.stats.govt.nz/). This report, published as a
discussion document in 1998, contains a detailed discussion of the concepts and
procedures used to compile chain-volume series.

In most cases, the industry 'elemental series' estimates that make up the production-
based GDP are calculated by extrapolating value added, using indicator series that
represent the quantities of output produced. The technique known as double deflation,
by which volume value added is calculated as the difference between volume outputs
and inputs, is not widely used. It is currently used for the agriculture and electricity
industries on a quarterly basis, and for water transport, business services, cultural and
recreational services, and personal and other services on an annual basis.

Production-based measure the preferred series

Conceptually, both the production- and expenditure-based GDP series are the same.
However, as each series uses independent data and estimation techniques, some
differences between the alternative measures arise. The expenditure-based series has
historically shown more quarterly volatility and is more likely to be subject to timing and
valuation problems. For these reasons, the production-based measure is the preferred
measure for quarter-on-quarter and annual changes.

Implicit price deflators

Table 5.1 contains implicit price deflators (IPDs) for expenditure on GDP and its
components. IPDs provide a broad measure of price change for total economic activity
and each of the expenditure components. They are calculated by dividing the seasonally
adjusted current price quarterly series by the equivalent chain-volume series, and
consequently provide an estimate of price change between the base period and any
other period, using the quantity weights in the latter period. Because weights change
from period to period, a change in an IPD between any two periods, neither of which is
the base period, reflects changes in both actual prices and weights or compositional
changes. Significant compositional changes may result in the IPDs being an unreliable
estimate of price change. This problem is more likely to occur in the gross national
expenditure (GNE) and expenditure on GDP aggregates, because both include the
change in inventories item, which is subject to extreme compositional changes, including
a change in sign.

Revisions policy

Revisions to the previously published series may be made each quarter. The frequency
and cause of these revisions are as follows:

      Quarterly: additional data becoming available for the latest quarters, which is
       used to replace existing estimates; revisions to quarterly data (eg revisions to the
       Balance of Payments or Retail Trade Survey), which will be incorporated as soon
       as possible to maintain consistency between published macro-economic statistics.



                                             13
      Annual: introduction of annual data following the release of the latest annual
       national accounts each year; annual updating of the weights used to combine
       component series to totals and subsequent chaining (see below).
      Irregular: for example methodological changes. However, note that revisions of
       this nature are, as far as possible, incorporated to coincide with the annual cycle
       of revisions outlined above.

In addition, each of the above causes for revision, and/or the addition of a new point in
the actual quarterly series, has the potential to alter seasonal factors and therefore may
lead to a revision in the seasonally adjusted series.

Revisions will also occur as a result of the quarterly improvement project described
below.

National accounts quality improvement project

Over the past year a number of potential improvements to the annual and quarterly
national accounts were identified and prioritised. These improvements relate to data
sources, methods and processes. Over the next two or so years, a number of quality
improvement projects will be undertaken and the outcomes from these projects
incorporated into the annual and quarterly national accounts statistics.

Revisions this quarter will include the outcomes from these initiatives.

Revisions resulting from chain-linking

One of the key benefits gained through adopting chain-volume measures in place of
fixed-weight series is that the relative weights of the component series are more up- to-
date. This reduces the likelihood of introducing biases in the volume measures, which
would otherwise become progressively unrepresentative as relative prices change.
However, the disadvantage is that the annual reweighting introduces another cause for
revision.

Reweighting is part of the annual revisions cycle and is usually timed to coincide with the
introduction of other new annual data from the current price GDP accounts. These
changes are normally incorporated in the September quarter release, which is published
at the end of December.

The current price annual accounts provide the detailed component series needed for
weighting the production-based series of GDP. There is currently a three-year time lag
before these detailed series are available. As a result, the latest year for which up-to-
date weights have been used for the production-based series is for the year ended 31
March 2004, and all subsequent quarters use these weights.

Current price data is available on a more timely basis for the components comprising the
expenditure-based measure of GDP. As a result, the latest year for which up-to-date
weights have been used for the expenditure-based series is for the year ended 31 March
2006, and all subsequent quarters use these weights.




                                             14
When the weights are updated each year, this procedure results in revisions to all
periods beyond the latest year for which detailed series are available (currently 2003/04
for the production-based measure and 2005/06 for the expenditure-based measure).

Direct and indirect seasonal adjustment

The level at which a series is seasonally adjusted is important, since it has the potential
to affect the quality of that seasonally adjusted series. The individual component series
of the main economic variables can be seasonally adjusted and then summed to derive
totals. This is called an indirect seasonal adjustment. Alternatively, the main economic
variables can be seasonally adjusted at the total level, independently of the seasonal
adjustment of their components. The adjustment of the total of an aggregate series is
called a direct seasonal adjustment. The indirect approach has the advantage of
retaining additivity, but this applies only to the current price series. While the indirect
approach conceptually also provides additivity for volume series, additivity is lost by
chain-linking.

The direct approach will often give better results if the component series show similar
seasonal patterns. At the most detailed level, the irregular factor may be large compared
with the seasonal factor and therefore may make it difficult to perform a proper seasonal
adjustment. In a small country such as New Zealand, irregular events can have a strong
impact on particular data. However, if the component series show the same seasonal
pattern, aggregation often reduces the impact of the irregular factors in the component
series. This is particularly relevant for New Zealand, where many economic series are
affected by seasonal fluctuations in the primary industries.

Statistics New Zealand has analysed both the direct and indirect approaches for the two
quarterly GDP aggregates: production and expenditure on GDP. The direct approach
has been chosen as the preferred method because the resulting series are smoother
and more stable.

The residual between the seasonally adjusted components and the aggregates is
referred to as the balancing item (see tables 1.2 and 1.3). The balancing item will often
show significant seasonal variations. This is to be expected, as it captures the
undetected seasonality in the component series.

The level at which seasonal adjustment is applied to quarterly GDP series may differ
from other Statistics NZ surveys (eg the Economic Survey of Manufacturing and the
Wholesale Trade Survey). These may contribute to differences in the aggregate
seasonally adjusted series.

Broad industry groups

In tables 2.1 and 2.4, industry groups are combined to form the following broad
groupings, based on the Australian and New Zealand Standard Industrial Classification
(ANZSIC):

      primary industries (agriculture; fishing, forestry and mining)
      Goods-producing industries (manufacturing; electricity, gas and water;
       construction)


                                             15
      service industries (wholesale trade; retail, accommodation and restaurants;
       transport and communications; finance, insurance and business services;
       government administration and defence; personal and community services).

In addition to these industrial groupings there exists an 'unallocated' category, which
includes unallocated taxes on production and imports (import duties, GST and taxes on
capital transactions) and the nominal industry.

Final consumption expenditure

Private final consumption expenditure is the sum of household outlays on consumer
goods and services, and the expenditure on non-capital items by private non-profit
organisations serving households. General government final consumption expenditure
includes both central and local government, as well as health and education.

Annual percentage changes

When using annual percentage changes, care should be taken to ensure that the
measures used are correctly understood. Those in tables 2.4, 2.5 and 3.3 compare the
level of economic activity in the latest quarter with the level of activity in the
corresponding quarter 12 months earlier. Tables 2.7 and 3.5, on the other hand, display
the percentage change in the level of GDP and expenditure on GDP, respectively, for
the annual period each quarter, compared with the same period 12 months earlier.
Annual measures are calculated by summing the series for each four-quarter period,
dividing by the sum of the series of the preceding four quarters, and then expressing this
as a percentage.

Real gross national disposable income

Gross national disposable income (GNDI) is the income received (less income payable)
by New Zealand residents, from both domestic and overseas sources, after taking
account of income redistribution by way of international transfers, or gross national
income (GNI) plus international transfers.

Real gross national disposable income (RGNDI) measures the real purchasing power of
national disposable income, taking into account changes in the terms of trade, and real
gains from net investment and transfer income with the rest of the world. Effectively, it is
a measure of the volume of goods and services New Zealand residents have command
over.

RGNDI is calculated as follows:

chain-volume measure of gross domestic product (production-based measure)
plus      a terms of trade effect (trading gain/loss)
equals real gross domestic income
plus      real value of total net investment income
equals real gross national income
plus      real value of total net transfers
equals real gross national disposable income



                                             16
where the terms of trade effect is defined as:
  current price exports deflated by an imports implicit price index
  less chain-volume measure of exports

and the real value of total net investment income equals:
   investment income credits
   less investment income debits
all deflated by an imports implicit price index

and the real value of total net transfers equals:
   transfers credits
   less transfers debits
all deflated by an imports implicit price index.

A per capita measure is simply the series in question divided by the population of New
Zealand. From the March 1991 quarter onwards, the definition used is the 'estimated
resident population of New Zealand'. This is defined as New Zealand residents currently
in New Zealand plus those temporarily overseas. Overseas tourists visiting New Zealand
are excluded from this measure. Prior to March 1991, the definition used was the 'de
facto' population, which excludes New Zealand residents temporarily overseas and
includes overseas tourists in New Zealand. Apart from the definitional change, there is
also a slight discontinuity at this point, as the series from March 1991 onwards includes
an allowance for the census undercount.

More information

For more information, follow the link from the technical notes of this release on the
Statistics NZ website.

Copyright

Information obtained from Statistics NZ may be freely used, reproduced, or quoted
unless otherwise specified. In all cases Statistics NZ must be acknowledged as the
source.

Liability

While care has been used in processing, analysing and extracting information, Statistics
NZ gives no warranty that the information supplied is free from error. Statistics NZ shall
not be liable for any loss suffered through the use, directly or indirectly, of any
information, product or service.

Timing

Timed statistical releases are delivered using postal and electronic services provided by
third parties. Delivery of these releases may be delayed by circumstances outside the
control of Statistics NZ. Statistics NZ accepts no responsibility for any such delays.




                                             17
Tables
The following tables are printed with this Hot Off The Press and can also be downloaded
from the Statistics New Zealand website in Excel format. If you do not have access to
Excel, you may use the Excel file viewer to view, print and export the contents of the file.

1.1 Gross domestic product, revisions summary
1.2 Gross domestic product by industry, chain-volume series expressed in 1995/96
prices
1.3 Expenditure on gross domestic product, chain-volume series expressed in 1995/96
prices
2.1 Gross domestic product by broad industry group, chain-volume series expressed in
1995/96 prices
2.2 Gross domestic product by industry, seasonally adjusted chain-volume series
expressed in 1995/96 prices
2.3 Gross domestic product by industry, seasonally adjusted chain-volume series
expressed in 1995/96 prices, percentage change from previous quarter
2.4 Gross domestic product by broad industry group, seasonally adjusted chain-volume
series expressed in 1995/96 prices, values and percentage change from same quarter of
previous year
2.5 Gross domestic product by industry, seasonally adjusted chain-volume series
expressed in 1995/96 prices, percentage change from same quarter of previous year
2.6 Gross domestic product by industry, actual chain-volume series expressed in
1995/96 prices
2.7 Gross domestic product by industry, actual chain-volume series expressed in
1995/96 prices, percentage change in annual values
3.1 Expenditure on gross domestic product, seasonally adjusted chain-volume series
expressed in 1995/96 prices
3.2 Expenditure on gross domestic product, seasonally adjusted chain-volume series
expressed in 1995/96 prices, percentage change from previous quarter
3.3 Expenditure on gross domestic product, seasonally adjusted chain-volume series
expressed in 1995/96 prices, percentage change from same quarter of previous year
3.4 Expenditure on gross domestic product, actual chain-volume series expressed in
1995/96 prices
3.5 Expenditure on gross domestic product, actual chain-volume series expressed in
1995/96 prices, percentage change in annual values
4.1 Expenditure on gross domestic product, seasonally adjusted current prices
4.2 Expenditure on gross domestic product, actual current prices
5.1 Index of implicit price deflators, 1995/96 = 1000
5.2 Index of implicit price deflators, 1995/96 = 1000, seasonally adjusted series
percentage change from previous quarter
5.3 Index of implicit price deflators, 1995/96 = 1000, percentage change in annual values
6.1 Summary statistics
6.2 Summary statistics, percentage change in annual values




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Analytical tables

The analytical tables are no longer attached to this page. Infoshare, available on the
Statistics NZ website (www.stats.govt.nz), provides free online access to all published
series. The analytical tables are still available on request. Also available on request are
text files that can be used in Infoshare to replicate the tables.




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                     Gross Domestic Product: June 2009 quarter

Table 1.1

                             Gross Domestic Product
                               Revisions summary
                     Previously published                                  Revised

                         Percentage change from previous quarter

2005 Jun                     1.6                                             1.6
      Sep                    0.5                                             0.5
      Dec                    -0.3                                            -0.3
 2006 Mar                    1.1                                             1.1
      Jun                    0.0                                             0.0
      Sep                    0.5                                             0.5
      Dec                    0.7                                             0.6
 2007 Mar                    1.2                                             1.3
      Jun                    0.9                                             0.8
      Sep                    0.6                                             0.6
      Dec                    0.9                                             0.8
 2008 Mar                    -0.3                                            -0.3
      Jun                    -0.2                                            -0.4
      Sep                    -0.5                                            -0.5
      Dec                    -1.0                                            -1.0
 2009 Mar                    -1.0                                            -0.8
      Jun                     ...                                            0.1

Symbol:
... not applicable




                                                               Published by Statistics New Zealand
                                           Gross Domestic Product: June 2009 quarter


Table 1.2

                                           Gross Domestic Product by Industry
                                      Chain-volume series expressed in 1995/96 prices

                                                                                                                     Percentage change from
                                                Percentage change         Percentage point         Percentage change
Industries                                                                                                           same quarter of previous
                                               from previous quarter   contribution to change(1)    in annual values
                                                                                                                              year


                                            Summary of percentage changes – June 2009 quarter

Agriculture                                              0.5                   0.0                        2.9                  6.8
Fishing, forestry and mining                             4.0                   0.1                       -9.3                 -6.2
Manufacturing                                           -1.3                  -0.2                       -8.9                -13.9
Electricity, gas and water                               5.9                   0.1                        3.6                  7.4
Construction                                            -1.9                  -0.1                       -9.3                 -6.9
Wholesale trade                                         -2.1                  -0.1                       -8.1                -10.9
Retail, accommodation and restaurants                    0.4                   0.0                       -4.0                 -3.7
Transport and communication                             -1.0                  -0.1                       -2.6                 -7.4
Finance, insurance and business services                 0.6                   0.2                        3.3                  6.0
Government administration and defence                   -0.4                   0.0                        3.8                  2.4
Personal and community services                         -0.1                   0.0                        2.8                  1.8
Unallocated and balancing item(1)                         ...                  0.2                         ...                  ...
Gross domestic product                                   0.1                   0.1                       -1.8                 -2.1

(1) Includes unallocated taxes on production and imports, bank service charge, and the seasonal adjustment balancing item.

Symbol:
… not applicable




                                                                                           Published by Statistics New Zealand
                                          Gross Domestic Product: June 2009 quarter


Table 1.3

                                       Expenditure on Gross Domestic Product
                                     Chain-volume series expressed in 1995/96 prices

                                                                          Percentage point                           Percentage change
                                                   Percentage change                         Percentage change in
Components                                                                 contribution to                          from same quarter of
                                                  from previous quarter                         annual values
                                                                             change(1)                                  previous year


                                              Summary of percentage changes – June 2009 quarter

Final consumption expenditure
   Private                                                 0.4                   0.3                 -1.1                -1.0
   General government                                     -1.0                  -0.2                  2.3                 0.9
Gross fixed capital formation
   Residential buildings                                  -2.6                  -0.1                -24.9               -22.3
   Other fixed assets                                      1.3                   0.2                 -8.2               -14.9
Exports of goods and services                              4.7                   1.4                 -3.9                -0.5
Imports of goods and services                             -3.8                   1.1                -12.3               -22.3
Change in inventories and balancing item(1)                 ...                 -2.3                   ...                 ...
Expenditure on gross domestic product                      0.4                   0.4                 -1.2                -1.1

(1) Includes the seasonal adjustment balancing item.

Symbol:
… not applicable




                                                                                         Published by Statistics New Zealand
                                                 Gross Domestic Product: June 2009 quarter


Table 2.1

                                            Gross Domestic Product by Broad Industry Group
                                            Chain-volume series expressed in 1995/96 prices (1)(2)

                              Primary industries            Goods-producing industries            Service industries               Gross domestic product (3)
                                       Percentage                        Percentage                        Percentage                            Percentage
                           $(million)                        $(million)                        $(million)                          $(million)
                                         change                            change                            change                                change
Series ref: SNC                 S1RB01A9T4                        S1RB01B9T4                        S1RB01C9T4                               S1RB01

                                                Actual values and percentage change in annual values(4)

Annual (March years)
2002                           8,575              1.1          23,712             1.3   R        74,134               5.0          110,407   R        3.6   R
2003                           8,572              0.0          25,991             9.6            77,013               3.9          115,829   R        4.9   R
2004                           9,128              6.5          27,175     R       4.6   R        79,787               3.6          120,813            4.3   R
2005                           8,810             -3.5          28,300     R       4.1   R        83,377               4.5          125,361            3.8
2006                           9,195              4.4          28,169            -0.5   R        86,829 R             4.1 R        129,079   R        3.0   R
2007                           9,190 R            0.0 R        27,763     R      -1.4   R        89,657 R             3.3 R        131,438   R        1.8   R
2008                           9,649              5.0 R        28,103     R       1.2   R        93,051 R             3.8 R        135,543   R        3.1   R
2009                           9,529 R           -1.2 R        26,543     R      -5.6   R        93,843               0.9          134,028           -1.1   R

Series ref: SNC                 S1RB01A9T4S                      S1RB01B9T4S                       S1RB01C9T4S                            S1RB01S
                                                                                                                             (4)
                                  Seasonally adjusted values and percentage change from the previous quarter

Quarter
2003 Jun                       2,189              2.1           6,540            -0.6            19,578                0.6          29,480   R        0.5   R
      Sep                      2,284              4.3           6,753     R       3.3   R        19,775                1.0          30,016            1.8   R
      Dec                      2,332              2.1           6,847             1.4   R        20,086                1.6          30,415   R        1.3   R
2004 Mar                       2,316             -0.7           7,027     R       2.6   R        20,357                1.4          30,900   R        1.6   R
      Jun                      2,248             -2.9           7,075             0.7   R        20,501                0.7          31,173            0.9   R
      Sep                      2,208             -1.8           7,126             0.7            20,652                0.7          31,296            0.4
      Dec                      2,173             -1.6           7,053     R      -1.0   R        20,994     R          1.7   R      31,299   R        0.0   R
2005 Mar                       2,177              0.2           7,027     R      -0.4   R        21,232                1.1   R      31,607            1.0   R
      Jun                      2,245              3.1           7,088     R       0.9   R        21,523     R          1.4   R      32,109            1.6
      Sep                      2,295              2.2           7,038            -0.7   R        21,659     R          0.6   R      32,273            0.5
      Dec                      2,316              0.9           6,980            -0.8            21,729                0.3   R      32,184           -0.3
2006 Mar                       2,337              0.9           7,062     R       1.2   R        21,931                0.9          32,532   R        1.1   R
      Jun                      2,296             -1.8           6,939     R      -1.7   R        22,065     R          0.6   R      32,537   R        0.0   R
      Sep                      2,274    R        -1.0   R       6,896     R      -0.6   R        22,312     R          1.1   R      32,687   R        0.5   R
      Dec                      2,316              1.8   R       6,905     R       0.1   R        22,539     R          1.0   R      32,895   R        0.6   R
2007 Mar                       2,304    R        -0.5   R       7,020     R       1.7   R        22,776     R          1.1   R      33,322   R        1.3   R
      Jun                      2,340    R         1.5   R       7,037     R       0.3   R        22,990     R          0.9   R      33,605   R        0.8   R
      Sep                      2,421    R         3.5   R       6,969     R      -1.0   R        23,174                0.8   R      33,822   R        0.6   R
      Dec                      2,495              3.1   R       7,103     R       1.9   R        23,393     R          0.9   R      34,102   R        0.8   R
2008 Mar                       2,400    R        -3.8   R       6,966     R      -1.9   R        23,498     R          0.4   R      34,005   R       -0.3   R
      Jun                      2,372    R        -1.2   R       6,902     R      -0.9   R        23,390     R         -0.5   R      33,858   R       -0.4   R
      Sep                      2,373    R         0.0   R       6,792     R      -1.6   R        23,362     R         -0.1   R      33,696   R       -0.5   R
      Dec                      2,385    R         0.5   R       6,547     R      -3.6   R        23,551     R          0.8   R      33,369   R       -1.0   R
2009 Mar                       2,400    R         0.6   R       6,253     R      -4.5   R        23,550     R          0.0   R      33,116   R       -0.8   R
      Jun                      2,435              1.5           6,221            -0.5            23,547                0.0          33,143            0.1

(1)   Year ended 31 March.
(2)   Chain-volume series are not additive. Refer to the 'Technical notes' of this release for further information.
(3)   Includes unallocated taxes on production and imports, bank service charge, and balancing items.
(4)   Percentage changes are calculated on unrounded numbers.

Symbol:
R revised




                                                                                                            Published by Statistics New Zealand
                                                Gross Domestic Product: June 2009 quarter


Table 2.2

                                                     Gross Domestic Product by Industry
                          Seasonally adjusted chain-volume series expressed in 1995/96 prices (1)(2)


                                                                                                           Finance,                         Personal
                                  Fishing,               Elec-                        Retail,   Transport                        Govt.
                                                                             Whole-                       insurance                           and         Gross
                        Agri-     forestry    Manu-     tricity, Con-                accomm.       and                           admin
                                                                              sale                           and                             com-       domestic
                       culture      and      facturing gas and struction            and restau- commun-                           and
                                                                             trade                         business                          munity     product(3)
                                   mining               water                          rants     ication                        defence
                                                                                                           services                         services

                                                                                     $(million)

                      S1RB01 S1RB01 S1RB01 S1RB01 S1RB01 S1RB01 S1RB01C S1RB01C S1RB01C S1RB01 S1RB01
                                                                                                                                                        S1RB01S
                       A1T4S  A2T4S  B1T4S  B2T4S B3T4S  C1T4S    2T4S    3T4S    4T4S  C5T4S  C6T4S
Series ref: SNC

Quarter
2003 Jun              1,475        700       4,631   R   548   R 1,364       2,215       2,163        2,961         7,515       1,182       3,597       29,480   R
      Sep             1,564        700       4,722       585     1,449       2,267       2,200        2,990         7,566   R   1,202       3,608       30,016
      Dec             1,650        650       4,782       617   R 1,443       2,339       2,232        3,064         7,634       1,246       3,642       30,415   R
2004 Mar              1,606        686       4,914   R   643     1,460       2,377   R   2,265        3,113         7,704       1,255       3,724       30,900   R
      Jun             1,556        669       4,898       629     1,540       2,414       2,297        3,159         7,732       1,285       3,704       31,173
      Sep             1,514        675       4,915   R   663     1,526       2,453   R   2,349        3,185         7,766       1,286       3,707       31,296
      Dec             1,495        658       4,952       607     1,498       2,481       2,373        3,244         7,958       1,299       3,734       31,299   R
2005 Mar              1,522        628       4,859   R   626   R 1,532       2,477       2,382        3,290         8,103       1,311       3,762       31,607
      Jun             1,567        654       4,830   R   627     1,614       2,544   R   2,436        3,302         8,220       1,333   R   3,774       32,109
      Sep             1,618        649       4,868       606     1,559       2,528       2,464        3,321         8,278       1,365       3,788       32,273
      Dec             1,635        653       4,803       595     1,575       2,497       2,464        3,296         8,339       1,379       3,821       32,184
2006 Mar              1,662   R    644   R   4,852   R   586   R 1,620       2,509       2,459    R   3,324         8,421       1,414   R   3,866       32,532   R
      Jun             1,635        631       4,750   R   621   R 1,551       2,496       2,468        3,287         8,513   R   1,455   R   3,885       32,537   R
      Sep             1,618   R    626   R   4,725   R   612     1,545       2,517       2,496    R   3,366   R     8,607   R   1,467       3,912       32,687   R
      Dec             1,629        659       4,692   R   629     1,561       2,521       2,527        3,420         8,688   R   1,488   R   3,952       32,895   R
2007 Mar              1,620        657   R   4,782   R   626   R 1,591       2,556   R   2,603    R   3,456         8,755       1,516   R   3,950       33,322   R
      Jun             1,630   R    685       4,789   R   611   R 1,620   R   2,580   R   2,593        3,481   R     8,869   R   1,526       3,997   R   33,605   R
      Sep             1,599   R    811       4,727   R   588     1,640   R   2,614   R   2,604    R   3,522   R     8,941   R   1,567       3,993       33,822   R
      Dec             1,616   R    872   R   4,837   R   584     1,675       2,671       2,606        3,578         9,059   R   1,569   R   3,988   R   34,102   R
2008 Mar              1,537   R    858   R   4,778   R   596   R 1,584       2,647   R   2,607    R   3,645         9,045   R   1,591       4,053   R   34,005   R
      Jun             1,533   R    832   R   4,785   R   584   R 1,532   R   2,607   R   2,555    R   3,667   R     8,969   R   1,607   R   4,084   R   33,858   R
      Sep             1,576   R    783   R   4,654   R   613     1,506   R   2,557       2,527    R   3,618   R     9,017   R   1,618   R   4,102   R   33,696   R
      Dec             1,626   R    739   R   4,472       606     1,448       2,435       2,521        3,592         9,226   R   1,656   R   4,152   R   33,369   R
2009 Mar              1,630   R    751   R   4,171   R   592   R 1,454       2,371   R   2,450    R   3,430         9,450   R   1,653   R   4,158   R   33,116   R
      Jun             1,637        780       4,118       627     1,426       2,322       2,461        3,395         9,509       1,646       4,156       33,143

(1) Year ended 31 March.
(2) Chain-volume series are not additive. Refer to the 'Technical notes' of this release for further information.
(3) Includes unallocated taxes on production and imports, bank service charge, and balancing items.

Symbol:
R revised




                                                                                                              Published by Statistics New Zealand
                                               Gross Domestic Product: June 2009 quarter


Table 2.3

                                                  Gross Domestic Product by Industry
                        Seasonally adjusted chain-volume series expressed in 1995/96 prices (1)(2)
                                                  Percentage change from previous quarter(3)

                                                                                   Retail,            Finance,         Personal
                                Fishing,                   Elec-                           Transport            Govt.
                                                                          Whole- accomm.             insurance           and     Gross
                         Agri-  forestry      Manu-       tricity, Const-                     and               admin
                                                                           sale     and                 and             com-    domestic
                        culture   and        facturing   gas and ruction                   commun-               and
                                                                          trade   restaur-            business          munity product(4)
                                 mining                   water                             ication            defence
                                                                                    ants              services         services

Quarter
2003 Jun                    5.1       -4.7        -0.1       -4.7     -0.4      1.1         1.6        -0.5        0.5    1.9    0.1    0.5
      Sep                   6.0       -0.1         1.9        6.7      6.2      2.4         1.7         1.0        0.7    1.7    0.3    1.8
      Dec                   5.5       -7.2         1.3        5.4     -0.4      3.2         1.5         2.5        0.9    3.7    1.0    1.3
2004 Mar                   -2.7        5.6         2.8        4.3      1.2      1.6         1.5         1.6        0.9    0.7    2.2    1.6
      Jun                  -3.1       -2.5        -0.3       -2.2      5.5      1.6         1.4         1.5        0.4    2.4   -0.5    0.9
      Sep                  -2.8        0.9         0.4        5.4     -0.9      1.6         2.3         0.8        0.4    0.1    0.1    0.4
      Dec                  -1.2       -2.5         0.7       -8.5     -1.8      1.1         1.0         1.9        2.5    1.0    0.7    0.0
2005 Mar                    1.8       -4.5        -1.9        3.1      2.3     -0.1         0.4         1.4        1.8    1.0    0.7    1.0
      Jun                   3.0        4.1        -0.6        0.3      5.3      2.7         2.2         0.4        1.4    1.6    0.3    1.6
      Sep                   3.2       -0.8         0.8       -3.4     -3.4     -0.6         1.2         0.6        0.7    2.4    0.4    0.5
      Dec                   1.0        0.6        -1.3       -1.8      1.0     -1.2         0.0        -0.8        0.7    1.0    0.9   -0.3
2006 Mar                    1.7       -1.4         1.0       -1.6      2.9      0.5        -0.2         0.8        1.0    2.5    1.2    1.1
      Jun                  -1.7       -1.9        -2.1        6.0     -4.3     -0.5         0.4        -1.1        1.1    2.9    0.5    0.0
      Sep                  -1.0       -0.8        -0.5       -1.5     -0.4      0.8         1.1         2.4        1.1    0.9    0.7    0.5
      Dec                   0.7        5.2        -0.7        2.9      1.0      0.2         1.2         1.6        0.9    1.4    1.0    0.6
2007 Mar                   -0.6       -0.3         1.9       -0.4      2.0      1.4         3.0         1.1        0.8    1.9   -0.1    1.3
      Jun                   0.6        4.3         0.1       -2.4      1.8      0.9        -0.4         0.7        1.3    0.7    1.2    0.8
      Sep                  -1.9       18.4        -1.3       -3.8      1.2      1.3         0.4         1.2        0.8    2.7   -0.1    0.6
      Dec                   1.1        7.5         2.3       -0.7      2.1      2.2         0.1         1.6        1.3    0.1   -0.1    0.8
2008 Mar                   -4.9       -1.6        -1.2        2.0     -5.4     -0.9         0.0         1.9       -0.2    1.4    1.6   -0.3
      Jun                  -0.3       -3.0         0.2       -2.0     -3.3     -1.5        -2.0         0.6       -0.8    1.0    0.8   -0.4
      Sep                   2.8       -5.9        -2.7        5.1     -1.7     -1.9        -1.1        -1.3        0.5    0.7    0.4   -0.5
      Dec                   3.1       -5.6        -3.9       -1.2     -3.9     -4.7        -0.2        -0.7        2.3    2.3    1.2   -1.0
2009 Mar                    0.2        1.6        -6.7       -2.3      0.4     -2.7        -2.8        -4.5        2.4   -0.2    0.1   -0.8
      Jun                   0.5        4.0        -1.3        5.9     -1.9     -2.1         0.4        -1.0        0.6   -0.4   -0.1    0.1

(1)   Year ended 31 March.
(2)   Chain-volume series are not additive. Refer to the 'Technical notes' of this release for further information.
(3)   Percentage changes are calculated on unrounded numbers.
(4)   Includes unallocated taxes on production and imports, bank service charge, and balancing items.




                                                                                                         Published by Statistics New Zealand
                                                Gross Domestic Product: June 2009 quarter


Table 2.4

                                            Gross Domestic Product by Broad Industry Group
                         Seasonally adjusted chain-volume series expressed in 1995/96 prices (1)(2)
                                 Values and percentage change from same quarter of previous year (3)

                              Primary industries           Goods-producing industries             Service industries        Gross domestic product (4)
                                        Percentage                       Percentage                        Percentage                   Percentage
                           $(million)                        $(million)                        $(million)                   $(million)
                                         change                           change                            change                       change
Series ref: SNC                 S1RB01A9T4S                      S1RB01B9T4S                       S1RB01C9T4S                     S1RB01S

Quarter
2003 Jun                       2,189             0.3            6,540             6.2            19,578               2.0    29,480   R        3.7
      Sep                      2,284             7.7            6,753     R       3.1            19,775               3.7    30,016            4.3
      Dec                      2,332             9.9            6,847             3.8            20,086               4.1    30,415   R        4.0
2004 Mar                       2,316             8.0            7,027     R       6.7            20,357               4.6    30,900   R        5.3
      Jun                      2,248             2.7            7,075             8.2            20,501               4.7    31,173            5.7
      Sep                      2,208            -3.3            7,126             5.5            20,652               4.4    31,296            4.3
      Dec                      2,173            -6.8            7,053     R       3.0            20,994     R         4.5    31,299   R        2.9
2005 Mar                       2,177            -6.0            7,027     R       0.0            21,232               4.3    31,607            2.3
      Jun                      2,245            -0.1            7,088     R       0.2            21,523     R         5.0    32,109            3.0
      Sep                      2,295             3.9            7,038            -1.2            21,659     R         4.9    32,273            3.1
      Dec                      2,316             6.6            6,980            -1.0            21,729               3.5    32,184            2.8
2006 Mar                       2,337             7.4            7,062     R       0.5            21,931               3.3    32,532   R        2.9
      Jun                      2,296             2.3            6,939     R      -2.1            22,065     R         2.5    32,537   R        1.3
      Sep                      2,274    R       -0.9            6,896     R      -2.0            22,312     R         3.0    32,687   R        1.3
      Dec                      2,316             0.0            6,905     R      -1.1            22,539     R         3.7    32,895   R        2.2
2007 Mar                       2,304    R       -1.4            7,020     R      -0.6            22,776     R         3.9    33,322   R        2.4
      Jun                      2,340    R        1.9            7,037     R       1.4            22,990     R         4.2    33,605   R        3.3
      Sep                      2,421    R        6.5            6,969     R       1.1            23,174               3.9    33,822   R        3.5
      Dec                      2,495             7.8            7,103     R       2.9            23,393     R         3.8    34,102   R        3.7
2008 Mar                       2,400    R        4.1            6,966     R      -0.8            23,498     R         3.2    34,005   R        2.0
      Jun                      2,372    R        1.4            6,902     R      -1.9            23,390     R         1.7    33,858   R        0.8
      Sep                      2,373    R       -2.0            6,792     R      -2.5            23,362     R         0.8    33,696   R       -0.4
      Dec                      2,385    R       -4.4            6,547     R      -7.8            23,551     R         0.7    33,369   R       -2.2
2009 Mar                       2,400    R        0.0            6,253     R     -10.2            23,550     R         0.2    33,116   R       -2.6
      Jun                      2,435             2.6            6,221            -9.9            23,547               0.7    33,143           -2.1

(1)   Year ended 31 March.
(2)   Chain-volume series are not additive. Refer to the 'Technical notes' of this release for further information.
(3)   Percentage changes are calculated on unrounded numbers.
(4)   Includes unallocated taxes on production and imports, bank service charge, and balancing items.

Symbol:
R revised




                                                                                                            Published by Statistics New Zealand
                                               Gross Domestic Product: June 2009 quarter


Table 2.5

                                                  Gross Domestic Product by Industry
                         Seasonally adjusted chain-volume series expressed in 1995/96 prices (1)(2)
                                         Percentage change from same quarter of previous year(3)

                                                                                   Retail,                   Finance,         Personal
                                Fishing,                   Elec-                                  Transport            Govt.
                                                                          Whole- accomm.                    insurance           and     Gross
                         Agri-  forestry      Manu-       tricity, Const-                            and               admin
                                                                           sale     and                        and             com-    domestic
                        culture   and        facturing   gas and ruction                          commun-               and
                                                                          trade   restaur-                   business          munity product(4)
                                 mining                   water                                    ication            defence
                                                                                    ants                     services         services

Quarter
2003 Jun                    4.7      -10.2         5.6      -4.4     14.6      -9.6         4.5         3.5           2.9   2.3    4.9        3.7
      Sep                  13.9       -6.8         1.9      -4.8     11.9       3.5         5.1         3.5           3.4   3.1    3.6        4.3
      Dec                  20.6      -14.6         3.2      -0.4      8.3       6.4         5.0         3.4           3.5   7.4    2.7        4.0
2004 Mar                   14.4       -6.6         6.0      11.8      6.6       8.5         6.5         4.7           3.0   8.2    3.7        5.3
      Jun                   5.5       -4.5         5.8      14.8     12.9       9.0         6.2         6.7           2.9   8.7    3.0        5.7
      Sep                  -3.3       -3.5         4.1      13.3      5.3       8.2         6.8         6.5           2.6   7.0    2.7        4.3
      Dec                  -9.4        1.3         3.5      -1.6      3.9       6.1         6.3         5.9           4.2   4.2    2.5        2.9
2005 Mar                   -5.3       -8.4        -1.1      -2.8      5.0       4.2         5.2         5.7           5.2   4.5    1.0        2.3
      Jun                   0.7       -2.2        -1.4      -0.3      4.8       5.4         6.1         4.5           6.3   3.7    1.9        3.0
      Sep                   6.9       -3.9        -1.0      -8.6      2.1       3.1         4.9         4.3           6.6   6.2    2.2        3.1
      Dec                   9.3       -0.8        -3.0      -1.9      5.1       0.7         3.8         1.6           4.8   6.2    2.3        2.8
2006 Mar                    9.2        2.4        -0.1      -6.3      5.7       1.3         3.2         1.0           3.9   7.9    2.8        2.9
      Jun                   4.3       -3.5        -1.7      -1.0     -3.9      -1.9         1.3        -0.5           3.6   9.2    2.9        1.3
      Sep                   0.0       -3.5        -2.9       0.9     -0.9      -0.4         1.3         1.4           4.0   7.5    3.3        1.3
      Dec                  -0.3        0.9        -2.3       5.7     -0.9       1.0         2.6         3.8           4.2   7.9    3.4        2.2
2007 Mar                   -2.6        2.0        -1.4       6.9     -1.8       1.9         5.9         4.0           4.0   7.2    2.2        2.4
      Jun                  -0.3        8.5         0.8      -1.5      4.4       3.4         5.1         5.9           4.2   4.9    2.9        3.3
      Sep                  -1.2       29.5         0.0      -3.9      6.2       3.8         4.3         4.6           3.9   6.8    2.1        3.5
      Dec                  -0.8       32.4         3.1      -7.1      7.3       5.9         3.1         4.6           4.3   5.4    0.9        3.7
2008 Mar                   -5.1       30.7        -0.1      -4.9     -0.5       3.5         0.1         5.5           3.3   5.0    2.6        2.0
      Jun                  -5.9       21.5        -0.1      -4.5     -5.4       1.0        -1.5         5.4           1.1   5.3    2.2        0.8
      Sep                  -1.4       -3.4        -1.5       4.3     -8.2      -2.2        -3.0         2.7           0.9   3.3    2.7       -0.4
      Dec                   0.6      -15.2        -7.6       3.7    -13.5      -8.8        -3.3         0.4           1.9   5.6    4.1       -2.2
2009 Mar                    6.0      -12.5       -12.7      -0.6     -8.2     -10.4        -6.0        -5.9           4.5   3.9    2.6       -2.6
      Jun                   6.8       -6.2       -13.9       7.4     -6.9     -10.9        -3.7        -7.4           6.0   2.4    1.8       -2.1

(1)   Year ended 31 March.
(2)   Chain-volume series are not additive. Refer to the 'Technical notes' of this release for further information.
(3)   Percentage changes are calculated on unrounded numbers.
(4)   Includes unallocated taxes on production and imports, bank service charge, and balancing items.




                                                                                                         Published by Statistics New Zealand
                                                 Gross Domestic Product: June 2009 quarter


Table 2.6

                                                     Gross Domestic Product by Industry
                                   Actual chain-volume series expressed in 1995/96 prices (1)(2)

                                                                                         Retail,              Finance,               Personal
                              Fishing,                  Elec-                                      Transport            Govt.
                                                                                       accomm.               insurance                 and          Gross
                    Agri-     forestry    Manu-        tricity,   Const-     Whole-                   and               admin
                                                                                          and                   and                   com-        domestic
                   culture      and      facturing    gas and     ruction   sale trade             commun-               and
                                                                                        restaur-              business                munity      product(3)
                               mining                  water                                        ication            defence
                                                                                          ants                services               services

                                                           $(million)
                S1RB01 S1RB01 S1RB01B S1RB01 S1RB01 S1RB01C S1RB01C S1RB01C S1RB01C S1RB01 S1RB01C
Series ref: SNC                                                                                                                                   S1RB01
                 A1T4   A2T4    1T4    B2T4   B3T4    1T4        2T4  3T4     4T4    C5T4    6T4

Annual (March years)
2002           5,588   2,978   16,935   2,219                     4,529      9,347      8,000      11,151     28,105       4,421     13,446   110,407      R
2003           5,560   3,025   18,399   2,384                     5,180      9,025      8,419      11,685     29,471       4,641     14,047   115,829      R
2004           6,299   2,741   19,054   2,395                     5,715      9,195      8,866      12,124     30,419   R   4,886     14,568   120,813
2005           6,091   2,632   19,638   2,525                     6,099      9,823      9,406      12,868     31,558       5,182     14,904   125,361
2006           6,485   2,597   19,351   2,414                     6,367     10,077      9,826      13,228     33,258       5,489     15,247   129,079      R
2007           6,505   2,567   18,948 R 2,486                     6,251     10,087     10,098      13,517     34,564   R   5,929     15,669   131,438      R
2008           6,382 R 3,218 R 19,149 R 2,379                     6,527     10,514     10,413      14,214     35,913   R   6,256     16,030 R 135,543      R
2009           6,364 R 3,106 R 18,126 R 2,394                     5,945      9,975 R   10,052      14,294     36,662   R   6,537 R   16,494 R 134,028      R

Quarter
2003 Jun          1,093        731       4,503         541        1,367      2,200      2,079       2,886      7,515     1,223        3,613       28,771
      Sep         1,391        699       4,625         617        1,518      2,278      2,117       2,934      7,566   R 1,197        3,603       29,655
      Dec         2,061        616       5,092         614        1,486      2,440      2,427       3,166      7,634     1,264        3,651       31,750
2004 Mar          1,754        694       4,834         623        1,344      2,277      2,243       3,138      7,704     1,203        3,701       30,636
      Jun         1,172        694       4,843         620        1,546      2,400      2,204       3,076      7,732     1,329        3,727       30,460
      Sep         1,335        679       4,850         697        1,596      2,468      2,262       3,129      7,766     1,281        3,699       30,933
      Dec         1,911        624       5,174         603        1,533      2,584      2,571       3,343      7,958     1,315        3,739       32,614
2005 Mar          1,672        635       4,771         605        1,422      2,371      2,369       3,320      8,103     1,258        3,739       31,353
      Jun         1,174        674       4,734         616        1,620      2,531      2,331       3,216      8,220     1,378        3,802       31,405
      Sep         1,434        650       4,774         642        1,629      2,545      2,371       3,271      8,278     1,360        3,778       31,908   R
      Dec         2,063        624       5,067         591        1,604      2,599      2,665       3,388      8,339     1,394        3,822       33,490
2006 Mar          1,814        649       4,776         565        1,514      2,402      2,458       3,353      8,421     1,356        3,845       32,276   R
      Jun         1,236   R    649       4,677   R     611        1,558      2,482      2,360       3,206      8,513   R 1,502        3,916       31,858   R
      Sep         1,432        622       4,618         646        1,606      2,537      2,401       3,322      8,607   R 1,464        3,870       32,311   R
      Dec         2,066   R    630       4,955   R     624        1,587      2,623      2,733       3,504      8,688   R 1,507        3,953       34,208   R
2007 Mar          1,772   R    666       4,698   R     604        1,500      2,445      2,604       3,484      8,755     1,456        3,930       33,061   R
      Jun         1,226   R    705       4,728   R     604        1,622      2,568      2,478       3,399      8,869   R 1,576        4,027       32,924   R
      Sep         1,410   R    817       4,629   R     623        1,703      2,637      2,503       3,480      8,941   R 1,564        3,979       33,423   R
      Dec         2,059   R    841       5,108   R     579        1,702      2,778      2,820       3,662      9,059   R 1,588        3,991   R   35,458   R
2008 Mar          1,687   R    856   R   4,683   R     573        1,500      2,531      2,611       3,673      9,045   R 1,528        4,033   R   33,737   R
      Jun         1,127   R    854   R   4,741   R     578        1,530      2,595      2,441       3,586      8,969   R 1,657   R    4,114   R   33,182   R
      Sep         1,387   R    789   R   4,555   R     647        1,563      2,580      2,427       3,577      9,017   R 1,616   R    4,087   R   33,294   R
      Dec         2,072   R    709   R   4,732   R     600        1,469      2,533      2,727       3,675      9,226   R 1,676   R    4,155   R   34,697   R
2009 Mar          1,778   R    754   R   4,097   R     569        1,384      2,267 R    2,456       3,455      9,450   R 1,588   R    4,138   R   32,855   R
      Jun         1,230        801       4,063         623        1,423      2,310      2,350       3,325      9,509     1,695        4,186       32,480

(1) Year ended 31 March.
(2) Chain-volume series are not additive. Refer to the 'Technical notes' of this release for further information.
(3) Includes unallocated taxes on production and imports, bank service charge, and balancing items.

Symbol:
R revised




                                                                                                            Published by Statistics New Zealand
                                                 Gross Domestic Product: June 2009 quarter


Table 2.7

                                                       Gross Domestic Product by Industry
                                     Actual chain-volume series expressed in 1995/96 prices (1)(2)
                                                                                                        (3)(4)
                                                        Percentage change in annual values

                                                                                             Retail,                Finance,                Personal
                               Fishing,                   Elec-                                          Transport              Govt.
                                                                                           accomm.                 insurance                  and        Gross
                      Agri-    forestry     Manu-        tricity,    Const-      Whole-                     and                 admin
                                                                                              and                     and                    com-      domestic
                     culture     and       facturing    gas and      ruction    sale trade               commun-                 and                           (5)
                                                                                            restaur-                business                 munity    product
                                mining                   water                                            ication              defence
                                                                                              ants                  services                services


Quarter
2003 Jun                 0.8        -2.3         9.4           5.8       15.9         -7.5        5.1             4.3    3.9          4.6        4.7          4.7
      Sep                4.7        -3.9         8.0           0.0       14.2         -5.3        4.9             4.3    3.5          3.7        4.4          4.5
      Dec                9.9        -7.5         5.1          -2.8       13.0         -2.1        4.7             3.3    3.4          4.2        4.0          4.1
2004 Mar                13.3        -9.4         3.6           0.4       10.3          1.9        5.3             3.8    3.2          5.3        3.7          4.3
      Jun               13.3        -8.2         4.0           4.9       10.0          6.8        5.7             4.6    3.2          6.9        3.2          4.8
      Sep                8.6        -7.2         4.5           9.7        8.2          8.0        6.1             5.3    3.0          7.8        3.0          4.8
      Dec                1.2        -3.5         4.7           9.3        7.0          7.9        6.3             5.9    3.2          6.9        3.0          4.5
2005 Mar                -3.3        -4.0         3.1           5.4        6.7          6.8        6.1             6.1    3.7          6.1        2.3          3.8
      Jun               -4.5        -3.4         0.7           1.9        4.7          5.9        6.0             5.6    4.6          4.8        2.0          3.1
      Sep               -2.1        -3.8        -0.8          -3.4        3.9          4.7        5.5             5.1    5.6          4.6        1.9          2.8
      Dec                2.8        -4.1        -1.8          -3.5        4.2          3.3        4.9             4.0    5.7          5.1        1.9          2.8
2006 Mar                 6.5        -1.4        -1.5          -4.4        4.4          2.6        4.5             2.8    5.4          5.9        2.3          3.0
      Jun                7.5        -1.5        -1.2          -4.4        2.2          0.7        3.4             1.6    4.7          7.3        2.5          2.6
      Sep                5.7        -1.5        -1.6          -2.2        1.3         -0.1        2.5             0.9    4.1          7.7        2.6          2.1
      Dec                3.2        -1.3        -1.7          -0.4       -0.2          0.0        2.2             1.4    3.9          8.2        2.9          1.9
2007 Mar                 0.3        -1.1        -2.1           3.0       -1.8          0.1        2.8             2.2    3.9          8.0        2.8          1.8
      Jun               -0.8         2.0        -1.5           2.9        0.2          1.5        3.7             3.7    4.1          6.9        2.7          2.3
      Sep               -1.1        10.8        -0.7           1.8        2.1          2.5        4.4             4.5    4.1          6.8        2.8          2.8
      Dec               -1.2        18.7         0.7          -1.5        4.2          3.8        4.6             4.8    4.1          6.1        2.2          3.2
2008 Mar                -1.9        25.3         1.1          -4.3        4.4          4.2        3.1             5.2    3.9          5.5        2.3          3.1
      Jun               -3.3        28.4         0.9          -5.1        1.9          3.6        1.6             5.0    3.1          5.6        2.1          2.5
      Sep               -3.3        18.5         0.4          -3.2       -1.8          2.0       -0.2             4.5    2.4          4.7        2.1          1.5
      Dec               -3.0         5.9        -2.4          -0.5       -7.1         -1.8       -1.9             3.5    1.8          4.7        2.9          0.0
2009 Mar                -0.3        -3.5        -5.3           0.6       -8.9         -5.1       -3.5             0.6    2.1          4.5        2.9         -1.1
      Jun                2.9        -9.3        -8.9           3.6       -9.3         -8.1       -4.0            -2.6    3.3          3.8        2.8         -1.8

(1) Year ended 31 March.
(2) Chain-volume series are not additive. Refer to the 'Technical notes' of this release for further information.
(3) Calculated as the sum of the four quarters, ending in the quarter shown, divided by the sum of the previous four quarters, then
    expressed as a percentage.
(4) Percentage changes are calculated on unrounded numbers.
(5) Includes unallocated taxes on production and imports, bank service charge, and balancing items.




                                                                                                                  Published by Statistics New Zealand
                                              Gross Domestic Product: June 2009 quarter


Table 3.1

                                              Expenditure on Gross Domestic Product
                        Seasonally adjusted chain-volume series expressed in 1995/96 prices (1)(2)
                          Final consumption
                                                             Gross capital formation
                             expenditure                                                                                                       Expenditure
                                                                                                      Gross         Exports of Less imports
                                                                                                                                                on gross
                                                                                                     national       goods and of goods and
                                        General       Change in     Residential    Other fixed                                                  domestic
                        Private                                                                    expenditure       services    services
                                      government     inventories     buildings       assets                                                      product


                                                                          $(million)
                                                               S3RP51AN1 S3RP51AN1
Series ref: SNC       S2RP30GS        S2RP30CS       S3RP52T4S                       S1RB21T4S                      S4RP60S       S4RP70S      S1RB15S
                                                                  110S      199S

Quarter
2003 Jun                17,484    R      4,895   R        382   R      1,784           5,398         29,921   R       9,360   R    9,620   R    29,960
      Sep               17,836    R      5,045   R        235   R      1,853           5,546         30,596   R       9,671   R    9,867   R    30,338
      Dec               18,152    R      5,125            402   R      1,846           5,855         31,392   R       9,698   R   10,341   R    30,551   R
2004 Mar                18,556    R      5,240   R        391   R      1,859           6,428   R     32,113   R      10,186   R   11,051        31,244   R
      Jun               18,488    R      5,212   R        317   R      2,019           6,436   R     32,432   R      10,391   R   11,230   R    31,534
      Sep               18,834    R      5,242   R        392   R      1,877           6,533         32,898   R      10,035   R   11,328   R    31,616   R
      Dec               18,973    R      5,309   R        533   R      1,817           6,489   R     32,977   R      10,290   R   11,714   R    31,705   R
2005 Mar                19,303    R      5,325   R        508   R      1,854           6,562         33,170   R      10,089   R   11,674   R    31,887   R
      Jun               19,585    R      5,470            487   R      1,850   R       6,986   R     34,253   R      10,202   R   12,056   R    32,450   R
      Sep               19,709    R      5,481   R        589          1,746   R       7,108         34,506          10,219   R   12,230   R    32,765   R
      Dec               19,907    R      5,575   R       -122   R      1,768           7,093   R     34,052   R      10,226   R   11,836   R    32,566   R
2006 Mar                19,923    R      5,637   R        292   R      1,792   R       7,004   R     34,323   R      10,128   R   11,713   R    32,827   R
      Jun               19,986    R      5,738   R        -85   R      1,696   R       6,884   R     34,066   R      10,297   R   11,433   R    33,086   R
      Sep               20,167    R      5,753   R       -132   R      1,742   R       7,044         34,435   R      10,633   R   11,650   R    33,428   R
      Dec               20,422    R      5,791   R        423   R      1,775   R       7,060   R     35,219   R      10,368   R   11,776   R    33,798   R
2007 Mar                20,803    R      5,808   R        113   R      1,780   R       7,260   R     35,468   R      10,672   R   12,282   R    33,967   R
      Jun               20,866    R      5,893   R        446   R      1,864   R       7,204         36,168   R      10,580   R   12,421   R    34,390   R
      Sep               21,014    R      6,004   R        275          1,866   R       7,307   R     36,360   R      10,631   R   12,705   R    34,408   R
      Dec               21,104    R      6,007   R        110   R      1,845   R       7,499   R     36,338   R      11,136   R   13,223   R    34,427   R
2008 Mar                21,018    R      6,097   R        362   R      1,765   R       7,411   R     36,405   R      10,894   R   13,451   R    34,156   R
      Jun               20,912    R      6,139   R        300   R      1,598   R       7,815   R     36,536   R      10,819   R   13,609   R    34,017   R
      Sep               20,907    R      6,138   R        515   R      1,489   R       7,134   R     35,974   R      10,560   R   12,845   R    33,820   R
      Dec               20,875    R      6,237   R        222   R      1,273   R       7,052   R     35,315   R      10,217   R   11,981   R    33,680   R
2009 Mar                20,619    R      6,258   R       -248   R      1,275   R       6,567   R     34,247   R      10,282   R   10,990   R    33,495   R
      Jun               20,704           6,194         -1,089          1,242           6,652         33,513          10,769       10,576        33,631

(1) Year ended 31 March.
(2) Chain-volume series are not additive. Refer to the 'Technical notes' of this release for further information.

Symbol:
R revised




                                                                                                         Published by Statistics New Zealand
                                             Gross Domestic Product: June 2009 quarter


Table 3.2

                                            Expenditure on Gross Domestic Product
                      Seasonally adjusted chain-volume series expressed in 1995/96 prices (1)(2)
                                                 Percentage change from previous quarter(3)

                            Final consumption                                                                                 Less        Expenditure
                                                              Gross capital formation              Gross      Exports of
                               expenditure                                                                                  imports of     on gross
                                                                                                  national    goods and
                                         General        Change in     Residential   Other fixed expenditure                 goods and      domestic
                           Private                                                                             services
                                       government      inventories     buildings      assets                                 services       product


Quarter
2003 Jun                         1.5             0.7             ..           5.5           0.6         2.4          -4.7           4.3           0.1
      Sep                        2.0             3.1             ..           3.9           2.8         2.3           3.3           2.6           1.3
      Dec                        1.8             1.6             ..          -0.3           5.6         2.6           0.3           4.8           0.7
2004 Mar                         2.2             2.2             ..           0.7           9.8         2.3           5.0           6.9           2.3
      Jun                       -0.4            -0.5             ..           8.6           0.1         1.0           2.0           1.6           0.9
      Sep                        1.9             0.6             ..          -7.1           1.5         1.4          -3.4           0.9           0.3
      Dec                        0.7             1.3             ..          -3.2          -0.7         0.2           2.5           3.4           0.3
2005 Mar                         1.7             0.3             ..           2.0           1.1         0.6          -2.0          -0.3           0.6
      Jun                        1.5             2.7             ..          -0.2           6.5         3.3           1.1           3.3           1.8
      Sep                        0.6             0.2             ..          -5.6           1.7         0.7           0.2           1.4           1.0
      Dec                        1.0             1.7             ..           1.3          -0.2        -1.3           0.1          -3.2          -0.6
2006 Mar                         0.1             1.1             ..           1.3          -1.3         0.8          -1.0          -1.0           0.8
      Jun                        0.3             1.8             ..          -5.4          -1.7        -0.7           1.7          -2.4           0.8
      Sep                        0.9             0.3             ..           2.7           2.3         1.1           3.3           1.9           1.0
      Dec                        1.3             0.7             ..           1.9           0.2         2.3          -2.5           1.1           1.1
2007 Mar                         1.9             0.3             ..           0.3           2.8         0.7           2.9           4.3           0.5
      Jun                        0.3             1.5             ..           4.7          -0.8         2.0          -0.9           1.1           1.2
      Sep                        0.7             1.9             ..           0.1           1.4         0.5           0.5           2.3           0.1
      Dec                        0.4             0.1             ..          -1.1           2.6        -0.1           4.8           4.1           0.1
2008 Mar                        -0.4             1.5             ..          -4.4          -1.2         0.2          -2.2           1.7          -0.8
      Jun                       -0.5             0.7             ..          -9.5           5.4         0.4          -0.7           1.2          -0.4
      Sep                          0               0             ..          -6.8          -8.7        -1.5          -2.4          -5.6          -0.6
      Dec                       -0.2             1.6             ..         -14.5          -1.2        -1.8          -3.2          -6.7          -0.4
2009 Mar                        -1.2             0.3             ..           0.2          -6.9        -3.0           0.6          -8.3          -0.6
      Jun                        0.4            -1.0             ..          -2.6           1.3        -2.1           4.7          -3.8           0.4

(1) Year ended 31 March.
(2) Chain-volume series are not additive. Refer to the 'Technical notes' of this release for further information.
(3) Percentage changes are calculated on unrounded numbers.

Symbol:
.. figures not available




                                                                                                       Published by Statistics New Zealand
                                             Gross Domestic Product: June 2009 quarter


Table 3.3

                                            Expenditure on Gross Domestic Product
                      Seasonally adjusted chain-volume series expressed in 1995/96 prices (1)(2)
                                        Percentage change from same quarter of previous year(3)

                            Final consumption                                                                                Less        Expenditure
                                                             Gross capital formation              Gross      Exports of
                               expenditure                                                                                 imports of     on gross
                                                                                                 national    goods and
                                         General       Change in     Residential   Other fixed expenditure                 goods and      domestic
                           Private                                                                            services
                                       government     inventories     buildings      assets                                 services       product


Quarter
2003 Jun                         5.8            0.6             ..          23.5           9.4         8.5          -1.0          11.9           4.8
      Sep                        6.5            4.5             ..          15.3           7.9         6.3           1.8           9.1           4.4
      Dec                        6.1            6.9             ..          12.2          10.9         6.3          -0.2          10.7           2.7
2004 Mar                         7.8            7.8             ..           9.9          19.8         9.9           3.7          19.8           4.3
      Jun                        5.7            6.5             ..          13.2          19.2         8.4          11.0          16.7           5.3
      Sep                        5.6            3.9             ..           1.3          17.8         7.5           3.8          14.8           4.2
      Dec                        4.5            3.6             ..          -1.6          10.8         5.0           6.1          13.3           3.8
2005 Mar                         4.0            1.6             ..          -0.3           2.1         3.3          -1.0           5.6           2.1
      Jun                        5.9            5.0             ..          -8.4           8.6         5.6          -1.8           7.3           2.9
      Sep                        4.6            4.6             ..          -7.0           8.8         4.9           1.8           8.0           3.6
      Dec                        4.9            5.0             ..          -2.7           9.3         3.3          -0.6           1.0           2.7
2006 Mar                         3.2            5.9             ..          -3.3           6.7         3.5           0.4           0.3           2.9
      Jun                        2.0            4.9             ..          -8.3          -1.5        -0.5           0.9          -5.2           2.0
      Sep                        2.3            5.0             ..          -0.2          -0.9        -0.2           4.1          -4.7           2.0
      Dec                        2.6            3.9             ..           0.4          -0.5         3.4           1.4          -0.5           3.8
2007 Mar                         4.4            3.0             ..          -0.7           3.6         3.3           5.4           4.9           3.5
      Jun                        4.4            2.7             ..           9.9           4.7         6.2           2.7           8.6           3.9
      Sep                        4.2            4.4             ..           7.1           3.7         5.6             0           9.1           2.9
      Dec                        3.3            3.7             ..           3.9           6.2         3.2           7.4          12.3           1.9
2008 Mar                         1.0            5.0             ..          -0.9           2.1         2.6           2.1           9.5           0.6
      Jun                        0.2            4.2             ..         -14.3           8.5         1.0           2.3           9.6          -1.1
      Sep                       -0.5            2.2             ..         -20.2          -2.4        -1.1          -0.7           1.1          -1.7
      Dec                       -1.1            3.8             ..         -31.0          -6.0        -2.8          -8.3          -9.4          -2.2
2009 Mar                        -1.9            2.6             ..         -27.7         -11.4        -5.9          -5.6         -18.3          -1.9
      Jun                       -1.0            0.9             ..         -22.3         -14.9        -8.3          -0.5         -22.3          -1.1

(1) Year ended 31 March.
(2) Chain-volume series are not additive. Refer to the 'Technical notes' of this release for further information.
(3) Percentage changes are calculated on unrounded numbers.

Symbol:
.. figures not available




                                                                                                      Published by Statistics New Zealand
                                               Gross Domestic Product: June 2009 quarter


Table 3.4

                                               Expenditure on Gross Domestic Product
                                      Actual chain-volume series expressed in 1995/96 prices (1)(2)

                          Final consumption                                                                                                    Expenditure
                                                              Gross capital formation                  Gross        Exports of Less imports
                             expenditure                                                                                                        on gross
                                                                                                      national      goods and of goods and
                                                                                                                                                domestic
                                          General       Change in     Residential   Other fixed     expenditure      services    services
                        Private                                                                                                                  product
                                        government     inventories     buildings      assets
                                                                                 $(million)
                                                                      S3RP51AN1 S3RP51AN1
Series ref: SNC       S2RP30G           S2RP30C        S3RP52T4                                     S1RB21T4        S4RP60        S4RP70        S1RB15
                                                                         110       199

Annual (March years)
2002                 64,614              19,101           1,268         5,160        20,079          110,003         35,702       33,784       111,814
2003                 67,765              19,357    R      1,173         6,376        20,743          115,173   R     38,503       36,216       117,390
2004                 72,134       R      20,302           1,359   R     7,330        23,315          123,979   R     38,917   R   40,827       122,034
2005                 75,776       R      21,104    R      1,757   R     7,545        26,070          131,567   R     40,802   R   45,931       126,762   R
2006                 79,296       R      22,173    R      1,222   R     7,155        28,251          137,093   R     40,744   R   47,846       130,548   R
2007                 81,510       R      23,037    R        302   R     6,993        28,246 R        139,177   R     41,936   R   47,085 R     134,270   R
2008                 84,144       R      24,013    R      1,125   R     7,295        29,393 R        144,992   R     43,220   R   51,793 R     137,046   R
2009                 83,450       R      24,794    R        888   R     5,590        28,481 R        142,029   R     41,817   R   49,372       134,995   R

Quarter
2003 Jun                17,311    R        5,195   R       -522   R     1,769           5,418         29,133   R      9,525   R    9,345        29,561   R
      Sep               18,047    R        4,932   R        -63         1,930           5,679         30,437   R      8,933   R   10,324        29,056   R
      Dec               19,211    R        5,077          1,264         1,922           6,144         33,465   R      9,778   R   10,826        32,248
2004 Mar                17,565    R        5,098   R        680         1,710           6,073         30,943   R     10,682   R   10,332        31,170   R
      Jun               18,292    R        5,521   R       -587   R     1,991           6,479         31,598   R     10,594   R   10,931        31,138   R
      Sep               19,060    R        5,129   R        147   R     1,950           6,682         32,786   R      9,268   R   11,846        30,359   R
      Dec               20,043    R        5,261   R      1,411         1,892           6,768         35,107   R     10,382   R   12,236        33,438   R
2005 Mar                18,380    R        5,194   R        786   R     1,712           6,142         32,075   R     10,558   R   10,919        31,827   R
      Jun               19,330    R        5,783   R       -390         1,841           7,005         33,392   R     10,437   R   11,770        32,070   R
      Sep               19,891    R        5,370   R        319   R     1,817           7,262         34,367   R      9,394   R   12,772        31,421   R
      Dec               21,015    R        5,524   R        758   R     1,835           7,370         36,190   R     10,348   R   12,344        34,339   R
2006 Mar                19,060    R        5,497   R        535   R     1,662           6,614         33,144   R     10,565   R   10,960        32,718   R
      Jun               19,745    R        6,023   R       -915   R     1,684           6,777         33,217   R     10,562   R   11,209   R    32,699   R
      Sep               20,269    R        5,612   R       -406   R     1,809           7,151         34,233   R      9,769   R   12,159   R    31,990   R
      Dec               21,556    R        5,736   R      1,264   R     1,844           7,366         37,433   R     10,514   R   12,254   R    35,697   R
2007 Mar                19,940    R        5,666   R        359   R     1,655           6,953   R     34,294   R     11,091   R   11,463   R    33,884   R
      Jun               20,609    R        6,232   R       -348   R     1,842           7,171   R     35,419         10,881   R   12,230   R    34,118   R
      Sep               21,098    R        5,873   R        -30   R     1,942           7,300   R     35,986   R      9,764   R   13,242   R    32,787   R
      Dec               22,263    R        5,956   R        885   R     1,917           7,818   R     38,465   R     11,272   R   13,781   R    36,154   R
2008 Mar                20,175    R        5,951   R        618   R     1,595           7,103   R     35,121   R     11,304   R   12,541   R    33,987   R
      Jun               20,664    R        6,486   R       -445   R     1,552           7,651   R     35,701   R     11,142   R   13,392   R    33,696   R
      Sep               20,950    R        6,011   R        195         1,516           7,095   R     35,509   R      9,650   R   13,378   R    32,106   R
      Dec               22,028    R        6,185   R      1,118   R     1,324           7,404   R     37,620   R     10,356   R   12,400   R    35,667   R
2009 Mar                19,808    R        6,113   R         19   R     1,199           6,331   R     33,199   R     10,668   R   10,202   R    33,527   R
      Jun               20,457             6,519         -1,461         1,221           6,580         33,201         11,094       10,465        33,707

(1) Year ended 31 March.
(2) Chain-volume series are not additive. Refer to the 'Technical notes' of this release for further information.

Symbol:
R revised




                                                                                                          Published by Statistics New Zealand
                                             Gross Domestic Product: June 2009 quarter


Table 3.5

                                            Expenditure on Gross Domestic Product
                                 Actual chain-volume series expressed in 1995/96 prices (1)(2)
                                                    Percentage change in annual values(3)(4)

                            Final consumption                                                                                Less        Expenditure
                                                             Gross capital formation              Gross      Exports of
                               expenditure                                                                                 imports of     on gross
                                                                                                 national    goods and
                                                                                                                           goods and      domestic
                                         General       Change in     Residential   Other fixed expenditure    services
                           Private                                                                                          services       product
                                       government     inventories     buildings      assets


Quarter
2003 Jun                         5.3            1.0             ..          25.0          5.9          6.2           5.6           8.6           5.3
      Sep                        5.7            2.0             ..          20.0          5.7          6.1           4.7           8.5           5.1
      Dec                        5.9            3.4             ..          19.0          7.2          6.1           2.3           8.4           4.3
2004 Mar                         6.4            4.9             ..          15.0         12.4          7.6           1.1          12.7           4.0
      Jun                        6.5            6.3             ..          12.4         14.8          7.7           4.0          13.9           4.1
      Sep                        6.3            6.2             ..           8.6         17.3          8.0           4.6          15.4           4.1
      Dec                        5.8            5.4             ..           5.0         16.8          7.6           6.2          15.9           4.4
2005 Mar                         5.0            4.0             ..           2.9         11.8          6.1           4.8          12.5           3.9
      Jun                        5.1            3.6             ..          -2.1          9.1          5.5           1.6          10.3           3.3
      Sep                        4.7            3.8             ..          -4.1          7.1          4.8           1.1           8.6           3.1
      Dec                        4.9            4.1             ..          -4.5          6.8          4.3          -0.5           5.4           2.8
2006 Mar                         4.6            5.1             ..          -5.2          8.4          4.2          -0.1           4.2           3.0
      Jun                        3.8            4.9             ..          -5.4          5.4          2.7           0.6           1.1           2.7
      Sep                        3.1            4.9             ..          -3.7          2.7          1.4           1.2          -2.1           2.3
      Dec                        2.6            4.6             ..          -2.8          0.5          1.5           1.7          -2.6           2.7
2007 Mar                         2.8            3.9             ..          -2.3          0.0          1.5           2.9          -1.6           2.9
      Jun                        3.3            3.7             ..           2.2          2.2          3.3           3.4           1.7           3.4
      Sep                        3.9            3.8             ..           4.2          3.1          4.6           2.4           5.4           3.6
      Dec                        4.1            3.8             ..           5.1          4.8          4.4           3.9           8.9           2.9
2008 Mar                         3.2            4.2             ..           4.3          4.1          4.2           3.1          10.0           2.1
      Jun                        2.2            4.4             ..          -2.0          4.3          2.8           2.9          10.1           0.7
      Sep                        1.0            3.8             ..          -9.7          3.0          1.2           2.6           7.9          -0.4
      Dec                       -0.1            3.8             ..         -18.6          0.0         -0.1          -1.3           2.0          -1.1
2009 Mar                        -0.8            3.3             ..         -23.4         -3.1         -2.0          -3.2          -4.7          -1.5
      Jun                       -1.1            2.3             ..         -24.9         -8.2         -4.0          -3.9         -12.3          -1.2

(1) Year ended 31 March.
(2) Chain-volume series are not additive. Refer to the 'Technical notes' of this release for further information.
(3) Calculated as the sum of the four quarters, ending in the quarter shown, divided by the sum of the previous four quarters, then
    expressed as a percentage.
(4) Percentage changes are calculated on unrounded numbers.

Symbol:
.. figures not available




                                                                                                      Published by Statistics New Zealand
                                        Gross Domestic Product: June 2009 quarter


Table 4.1

                                        Expenditure on Gross Domestic Product
                                           Seasonally adjusted current prices

                    Final consumption                                                                                                  Expenditure
                                                       Gross capital formation                  Gross       Exports of Less imports
                       expenditure                                                                                                      on gross
                                                                                               national     goods and of goods and
                                   General       Change in     Residential   Other fixed                                                domestic
                   Private                                                                   expenditure     services    services
                                 government     inventories     buildings      assets                                                    product

                                                                     $(million)
                                                          S3NP51AN1 S3NP51AN1
                  S2NP30GS       S2NP30CS       S3NP52T4S                       S1NB21T4S                   S4NP60S       S4NP70S      S1NB15S
Series ref: SNC                                              110S      199S

Quarter
2003 Jun           19,912    R      5,805            450   R     2,161           5,218         33,526   R    10,093   R    9,855   R    33,707   R
      Sep          20,302    R      6,030   R        338   R     2,290           5,349         34,403   R    10,061   R    9,929   R    34,616   R
      Dec          20,677    R      6,189   R        217   R     2,362           5,667   R     35,162   R    10,097   R   10,037        35,234   R
2004 Mar           21,246    R      6,382   R        281   R     2,427           6,221         36,320   R    10,514   R   10,476   R    36,327   R
      Jun          21,288    R      6,430   R        183   R     2,669           6,253   R     36,875   R    11,301   R   11,164   R    36,982   R
      Sep          21,659    R      6,535   R        540   R     2,559   R       6,329   R     37,763   R    10,579   R   10,956   R    37,439   R
      Dec          21,969    R      6,654   R        620   R     2,525   R       6,301   R     38,099   R    10,840   R   11,242   R    37,745   R
2005 Mar           22,498    R      6,730   R        319   R     2,628           6,356   R     38,324   R    10,810   R   11,208        37,877   R
      Jun          22,868    R      6,976   R        514   R     2,667   R       6,760   R     39,845   R    10,885   R   11,691   R    38,970   R
      Sep          23,100    R      7,053   R        736   R     2,555   R       6,915         40,452   R    10,909   R   11,979   R    39,460   R
      Dec          23,484    R      7,193   R       -262   R     2,620   R       6,931   R     40,029   R    10,949   R   11,771   R    39,234   R
2006 Mar           23,766    R      7,315   R        104   R     2,688   R       6,871   R     40,642   R    11,196   R   12,111   R    39,670   R
      Jun          24,064    R      7,583   R        -40   R     2,582   R       6,729   R     40,976   R    12,056   R   12,704   R    40,370   R
      Sep          24,401    R      7,693   R          5   R     2,685   R       7,090   R     41,864   R    12,369   R   12,790   R    41,482   R
      Dec          24,729    R      7,799   R        189   R     2,770   R       7,071   R     42,546   R    11,750   R   12,404   R    41,860   R
2007 Mar           25,299    R      7,880   R        -71   R     2,823   R       7,293   R     43,152   R    12,101   R   12,771   R    42,394   R
      Jun          25,480    R      8,109   R        487   R     2,985   R       7,215   R     44,378   R    11,952   R   12,734   R    43,651   R
      Sep          25,716    R      8,267            282   R     3,017   R       7,243   R     44,481   R    12,092   R   12,688   R    44,012   R
      Dec          26,036    R      8,373   R        303   R     3,005   R       7,584   R     45,246   R    13,643   R   13,676   R    45,123   R
2008 Mar           26,220    R      8,574   R        429   R     2,843   R       7,452   R     45,606   R    13,867   R   14,101   R    45,229   R
      Jun          26,378    R      8,760   R         86   R     2,608   R       8,026   R     45,938   R    13,906   R   15,290   R    44,824   R
      Sep          26,639    R      8,850   R        309   R     2,432   R       7,264   R     45,407   R    14,230   R   15,230   R    44,197   R
      Dec          26,765    R      9,058   R        641   R     2,114   R       7,368   R     45,848   R    14,601   R   15,144   R    45,218   R
2009 Mar           26,701    R      9,121   R        -83   R     2,150   R       7,021   R     44,987   R    14,206   R   13,581   R    45,430   R
      Jun          26,922           9,116         -1,025         2,085           7,127         44,274        13,288       12,618        45,242

Symbol:
R revised




                                                                                                   Published by Statistics New Zealand
                                          Gross Domestic Product: June 2009 quarter


Table 4.2

                                          Expenditure on Gross Domestic Product
                                                   Actual current prices
                      Final consumption                                                                                                  Expenditure
                                                         Gross capital formation                  Gross       Exports of Less imports
                         expenditure                                                                                                      on gross
                                                                                                 national     goods and of goods and
                                     General       Change in     Residential   Other fixed                                                domestic
                     Private                                                                   expenditure     services    services
                                   government     inventories     buildings      assets                                                    product

                                                                            $(million)
                                                                 S3NP51AN1 S3NP51AN1
Series ref: SNC    S2NP30G         S2NP30C        S3NP52T4                                     S1NB21T4       S4NP60        S4NP70        S1NB15
                                                                    110       199

Annual (March years)
2002                 72,163         21,711           1,886          5,771       20,198          121,729        43,694       40,778       124,644
2003                 76,868         22,549           1,093          7,450       20,575          128,535        42,566       40,095       131,006
2004                 82,143    R    24,383           1,259          9,226       22,449          139,459   R    40,734   R   40,254       139,938
2005                 87,493    R    26,347           1,645         10,377       25,193          151,055   R    43,504   R   44,533       150,026   R
2006                 93,276    R    28,521           1,129         10,532       27,566          161,024   R    43,932   R   47,515   R   157,441   R
2007                 98,510    R    30,843             106         10,863       28,196          168,517   R    48,276   R   50,671   R   166,121   R
2008               103,465     R    33,304 R         1,408 R       11,839       29,535 R        179,550   R    51,536   R   53,148   R   177,939   R
2009               106,502     R    35,790 R         1,023 R        9,309 R     29,648 R        182,271   R    56,916   R   59,366   R   179,821   R

Quarter
2003 Jun            19,695     R      6,158   R       -588   R      2,148          5,215         32,627   R    10,137   R    9,567        33,197   R
      Sep           20,528     R      5,888   R        130          2,384          5,480         34,410   R     9,358   R   10,440        33,328   R
      Dec           21,861     R      6,117          1,169          2,461          5,888         37,496   R    10,232   R   10,565        37,163
2004 Mar            20,058     R      6,221   R        548   R      2,234          5,866         34,926   R    11,007   R    9,683        36,250   R
      Jun           21,046     R      6,803   R       -879   R      2,664          6,243         35,878   R    11,436   R   10,868        36,446   R
      Sep           21,928     R      6,390   R        410   R      2,655          6,474         37,857   R     9,802   R   11,551        36,107   R
      Dec           23,180     R      6,580   R      1,569   R      2,632          6,533         40,493   R    11,007   R   11,741        39,759   R
2005 Mar            21,339     R      6,575   R        545   R      2,425          5,944         36,827   R    11,260   R   10,373        37,714   R
      Jun           22,545     R      7,361   R       -535          2,658          6,773         38,802   R    11,086   R   11,389        38,499   R
      Sep           23,340     R      6,904            593   R      2,653          7,067   R     40,558   R    10,099   R   12,663   R    37,994   R
      Dec           24,757     R      7,115   R        727   R      2,726          7,182         42,507   R    11,121   R   12,252        41,376   R
2006 Mar            22,634     R      7,141   R        345   R      2,494          6,544   R     39,157   R    11,625   R   11,211        39,571   R
      Jun           23,731     R      7,929   R     -1,075   R      2,568          6,675   R     39,827   R    12,329   R   12,384   R    39,772   R
      Sep           24,583     R      7,502   R       -196   R      2,784          7,201   R     41,874   R    11,471   R   13,557   R    39,788   R
      Dec           26,069     R      7,716   R      1,214   R      2,886          7,344         45,228   R    11,935   R   12,899   R    44,265   R
2007 Mar            24,127     R      7,696   R        164   R      2,626          6,976   R     41,588   R    12,540   R   11,831   R    42,297   R
      Jun           25,110     R      8,548           -560   R      2,951          7,158   R     43,208   R    12,222   R   12,381   R    43,050   R
      Sep           25,859     R      8,089   R         10   R      3,135          7,331   R     44,424   R    11,165   R   13,463   R    42,126   R
      Dec           27,443     R      8,293   R      1,278   R      3,131          7,882   R     48,028   R    13,864   R   14,229   R    47,663   R
2008 Mar            25,053     R      8,374   R        678   R      2,622          7,163   R     43,890   R    14,284   R   13,075   R    45,100   R
      Jun           26,010     R      9,233   R       -965   R      2,566          7,858   R     44,703   R    14,292   R   14,860   R    44,135   R
      Sep           26,767     R      8,670   R         26   R      2,532          7,329   R     45,325   R    13,164   R   16,191   R    42,298   R
      Dec           28,187     R      8,972   R      1,775   R      2,205          7,704   R     48,843   R    14,847   R   15,750   R    47,941   R
2009 Mar            25,537     R      8,914   R        186   R      2,006 R        6,757   R     43,400   R    14,613   R   12,565   R    45,448   R
      Jun           26,530            9,566         -2,081          2,050          7,017         43,083        13,660       12,221        44,523

Symbol:
R revised




                                                                                                     Published by Statistics New Zealand
                                           Gross Domestic Product: June 2009 quarter


Table 5.1

                                                    Index of Implicit Price Deflators
                                                            1995/96 = 1000

                  Final consumption expenditure       Gross fixed capital formation                      Exports of    Less imports Expenditure on
                                                                                      Gross national
                                                                                                         goods and     of goods and gross domestic
                                                                                       expenditure
                                        General       ResidentialOther fixed                              services        services      product
                        Private
                                      government       buildings   assets
                                                                         Index values
                                                     S6DP51AN11 S6DP51AN11
Series ref: SNC        S6DP30G        S6DP30C                                      S6DB21                S6DP60         S6DP70         S6DB15
                                                         10         99

                                                                     Actual

Annual (March years)
2002                     1117            1137             1118             1006            1107             1224           1207          1115
2003                     1134            1165             1168              992            1116             1106           1107          1116
2004                     1139            1201             1259              963            1125             1047            986          1147
2005                     1155            1248 R           1375              966            1148             1066            970          1184 R
2006                     1176            1286             1472              976            1175             1078            993          1206
2007                     1209            1339 R           1553              998            1211             1151           1076          1237
2008                     1230            1387 R           1623             1005            1238             1192           1026          1298
2009                     1276            1443             1665             1041            1283             1361           1202          1332

                                                     S6DP51AN11 S6DP51AN11
Series ref: SNC        S6DP30G        S6DP30C                                           S6DB21           S6DP60         S6DP70         S6DB15
                                                         10         99

                                                               Seasonally adjusted

Quarter
2003 Jun                 1139            1186   R         1211              967            1120   R         1078   R       1025   R      1125
      Sep                1138            1195   R         1236              965            1124   R         1040   R       1006          1141
      Dec                1139            1207             1279              968            1120             1041   R        971          1153
2004 Mar                 1145            1218   R         1306              968            1131   R         1032   R        948          1163   R
      Jun                1152     R      1234   R         1321   R          972   R        1137             1088   R        994   R      1173
      Sep                1150            1247   R         1363              969            1148             1054   R        967          1184
      Dec                1158            1253   R         1389              971            1155             1053   R        960   R      1191   R
2005 Mar                 1166     R      1264   R         1418              969            1155             1071   R        960   R      1188   R
      Jun                1168     R      1275             1442              968   R        1163             1067   R        970   R      1201
      Sep                1172            1287             1464   R          973            1172             1068            979   R      1204
      Dec                1180            1290   R         1482   R          977   R        1176             1071            995   R      1205
2006 Mar                 1193            1298             1500              981   R        1184             1105   R       1034   R      1208   R
      Jun                1204            1322   R         1523              977   R        1203             1171   R       1111   R      1220
      Sep                1210            1337   R         1541   R         1007   R        1216   R         1163   R       1098   R      1241   R
      Dec                1211            1347   R         1560   R         1002            1208             1133           1053   R      1239
2007 Mar                 1216     R      1357   R         1586   R         1005   R        1217             1134   R       1040   R      1248   R
      Jun                1221     R      1376   R         1601             1001   R        1227   R         1130   R       1025   R      1269   R
      Sep                1224            1377   R         1617   R          991   R        1223             1137   R        999   R      1279
      Dec                1234            1394   R         1628   R         1011   R        1245   R         1225   R       1034   R      1311   R
2008 Mar                 1247     R      1406   R         1611   R         1005   R        1253   R         1273   R       1048   R      1324   R
      Jun                1261     R      1427   R         1632             1027   R        1257   R         1285   R       1124   R      1318   R
      Sep                1274     R      1442   R         1634   R         1018   R        1262   R         1348   R       1186   R      1307   R
      Dec                1282     R      1452   R         1661   R         1045   R        1298   R         1429   R       1264   R      1343   R
2009 Mar                 1295     R      1457   R         1686   R         1069   R        1314   R         1382   R       1236   R      1356   R
      Jun                1300            1472             1679             1072            1321             1234           1193          1345

Symbol:
R revised




                                                                                                       Published by Statistics New Zealand
                                  Gross Domestic Product: June 2009 quarter


Table 5.2

                                       Index of Implicit Price Deflators
                                               1995/96 = 1000
                   Seasonally adjusted series percentage change from previous quarter(1)

                       Final consumption         Gross fixed capital
                                                                                                        Less        Expenditure
                          expenditure                formation               Gross      Exports of
                                                                                                      imports of     on gross
                                                                            national    goods and
                                                                                                      goods and      domestic
                                                                          expenditure    services
                                    General  Residential    Other fixed                                services       product
                      Private
                                  government buildings        assets


Quarter
2003 Jun                   -0.1            0.9        1.9          -0.9           0.3           1.4          -2.5           0.6
      Sep                  -0.1            0.8        2.1          -0.2           0.4          -3.5          -1.9           1.4
      Dec                   0.1            1.0        3.5           0.3          -0.4           0.1          -3.5           1.1
2004 Mar                    0.5            0.9        2.1           0.0           1.0          -0.9          -2.4           0.9
      Jun                   0.6            1.3        1.1           0.4           0.5           5.4           4.9           0.9
      Sep                  -0.2            1.1        3.2          -0.3           1.0          -3.1          -2.7           0.9
      Dec                   0.7            0.5        1.9           0.2           0.6          -0.1          -0.7           0.6
2005 Mar                    0.7            0.9        2.1          -0.2           0.0           1.7           0.0          -0.3
      Jun                   0.2            0.9        1.7          -0.1           0.7          -0.4           1.0           1.1
      Sep                   0.3            0.9        1.5           0.5           0.8           0.1           0.9           0.2
      Dec                   0.7            0.2        1.2           0.4           0.3           0.3           1.6           0.1
2006 Mar                    1.1            0.6        1.2           0.4           0.7           3.2           3.9           0.2
      Jun                   0.9            1.8        1.5          -0.4           1.6           6.0           7.4           1.0
      Sep                   0.5            1.1        1.2           3.1           1.1          -0.7          -1.2           1.7
      Dec                   0.1            0.7        1.2          -0.5          -0.7          -2.6          -4.1          -0.2
2007 Mar                    0.4            0.7        1.7           0.3           0.7           0.1          -1.2           0.7
      Jun                   0.4            1.4        0.9          -0.4           0.8          -0.4          -1.4           1.7
      Sep                   0.2            0.1        1.0          -1.0          -0.3           0.6          -2.5           0.8
      Dec                   0.8            1.2        0.7           2.0           1.8           7.7           3.5           2.5
2008 Mar                    1.1            0.9       -1.0          -0.6           0.6           3.9           1.4           1.0
      Jun                   1.1            1.5        1.3           2.2           0.3           0.9           7.3          -0.5
      Sep                   1.0            1.1        0.1          -0.9           0.4           4.9           5.5          -0.8
      Dec                   0.6            0.7        1.7           2.7           2.9           6.0           6.6           2.8
2009 Mar                    1.0            0.3        1.5           2.3           1.2          -3.3          -2.2           1.0
      Jun                   0.4            1.0       -0.4           0.3           0.5         -10.7          -3.5          -0.8

(1) Percentage changes are calculated on rounded numbers.




                                                                                        Published by Statistics New Zealand
                                   Gross Domestic Product: June 2009 quarter


Table 5.3

                                         Index of Implicit Price Deflators
                                                 1995/96 = 1000
                                       Percentage change in annual values(1)(2)

                        Final consumption          Gross fixed capital
                                                                                                          Less        Expenditure
                           expenditure                 formation                Gross      Exports of
                                                                                                        imports of     on gross
                                                                               national    goods and
                                                                                                        goods and      domestic
                                                                             expenditure    services
                                     General  Residential      Other fixed                               services       product
                       Private
                                   government buildings          assets


Quarter
2003 Jun                     1.2            2.4          4.7          -2.9           0.3         -9.3          -9.5           0.2
      Sep                    0.9            2.7          5.7          -3.6          -0.3         -9.1         -10.8           0.0
      Dec                    0.4            2.8          6.8          -4.0           0.3         -7.3         -11.4           1.4
2004 Mar                     0.4            3.1          7.8          -2.9           0.8         -5.3         -10.9           2.8
      Jun                    0.5            3.4          9.0          -1.7           1.2         -3.1          -8.9           3.6
      Sep                    0.7            3.7          9.7          -0.8           1.5         -1.2          -7.0           4.1
      Dec                    1.1            3.9          9.6           0.1           2.1         -0.1          -4.4           3.8
2005 Mar                     1.4            3.9          9.2           0.3           2.0          1.8          -1.6           3.2
      Jun                    1.5            3.8          8.7           0.4           2.3          1.0          -1.7           2.8
      Sep                    1.7            3.5          8.0           0.4           2.3          1.2          -0.3           2.3
      Dec                    1.7            3.3          7.6           0.5           2.0          1.1           0.9           1.9
2006 Mar                     1.8            3.0          7.1           1.0           2.4          1.1           2.4           1.9
      Jun                    2.2            3.1          6.4           1.3           2.5          4.0           6.5           1.6
      Sep                    2.7            3.2          5.9           2.2           2.8          5.9           9.4           1.8
      Dec                    2.8            3.6          5.6           2.5           3.1          7.0          10.0           2.3
2007 Mar                     2.8            4.1          5.5           2.3           3.1          6.8           8.4           2.6
      Jun                    2.4            4.2          5.4           2.1           2.7          3.2           2.6           3.1
      Sep                    1.8            4.0          5.3           1.2           2.1          0.4          -2.9           3.3
      Dec                    1.6            3.9          5.0           0.9           2.2          1.2          -4.7           4.2
2008 Mar                     1.7            3.6          4.5           0.7           2.2          3.6          -4.6           4.9
      Jun                    2.2            3.5          3.9           1.1           2.5          8.2          -0.3           5.0
      Sep                    3.0            4.0          3.6           1.8           3.1         13.2           6.9           4.8
      Dec                    3.5            4.1          3.0           2.3           3.3         15.1          13.2           3.6
2009 Mar                     3.7            4.0          2.6           3.6           3.6         14.2          17.2           2.6
      Jun                    3.7            3.9          2.3           3.9           3.9          9.3          16.3           1.9

(1) Annual percentage changes are derived from the underlying current price and constant price data, rather than by
    summing the quarterly implicit price deflators.
(2) Percentage changes are calculated on rounded numbers.




                                                                                           Published by Statistics New Zealand
                                     Gross Domestic Product: June 2009 quarter


Table 6.1

                                                     Summary Statistics
                                                                                                                       Real gross
                                                       Real gross                     Expenditure on
                    Expenditure on                                                                      GDP in           national
                                      GDP in             national     Population of GDP in current
                    GDP in current                                                (2)                1995/96 prices    disposable
                                   1995/96 prices      disposable    New Zealand        prices per
                        prices                                                                         per capita      income per
                                                        income(1)                         capita
                                                                                                                          capita
                       $(million) $(million) $(million)                (thousands)     (dollars)  (dollars)  (dollars)
                     SNCA.S1NB1 SNCA.S1RB0 SNCA.S2RB0                                SNCA.S6NB1 SNCA.S6RB0 SNCA.S6RB0
Series ref:                                                            DPEA.SEEC
                          5          1          6Z                                       5NZ        1NZ        6NZ

                                                              Actual

Annual (March years)
2002                 124,644           110,407   R     105,249   R        3,900          31,963          28,312   R        26,990
2003                 131,006           115,829   R     109,511   R        3,970          32,999          29,176            27,585   R
2004                 139,938           120,813         115,992   R        4,045          34,596          29,868            28,676   R
2005                 150,026     R     125,361         120,063   R        4,101          36,580   R      30,566            29,274   R
2006                 157,441     R     129,079   R     121,612   R        4,148          37,956   R      31,118   R        29,318   R
2007                 166,121     R     131,438   R     124,001   R        4,198          39,569   R      31,308   R        29,536   R
2008                 177,939     R     135,543   R     130,365   R        4,241          41,957   R      31,960   R        30,739   R
2009                 179,821     R     134,028   R     129,463   R        4,281          42,002   R      31,306   R        30,240   R

                    SNCQ.S1NB1 SNCQ.S1RB0 SNCQ.S2RB0                                 SNCQ.S6NB1 SNCQ.S6RB0 SNCQ.S6RB0
Series ref:                                                            DPEQ.SEIC
                        5S         1S        6ZS                                        5SNZ       1SNZ       6SNZ

                                                      Seasonally adjusted(3)

Quarter
2003 Mar                33,464   R      29,346          27,800   R        4,001           8,363   R       7,334             6,948
      Jun               33,707   R      29,480   R      28,013   R        4,020           8,384   R       7,333             6,968
      Sep               34,616   R      30,016          28,787   R        4,036           8,577   R       7,437             7,133   R
      Dec               35,234   R      30,415   R      29,420            4,053           8,693   R       7,504             7,259
2004 Mar                36,327   R      30,900   R      29,812            4,070           8,925   R       7,592   R         7,324
      Jun               36,982   R      31,173          29,918            4,083           9,057   R       7,635             7,327
      Sep               37,439   R      31,296          29,671   R        4,094           9,145   R       7,644             7,247   R
      Dec               37,745   R      31,299   R      30,096   R        4,108           9,189   R       7,620             7,327   R
2005 Mar                37,877   R      31,607          30,383   R        4,120           9,192   R       7,671             7,374   R
      Jun               38,970   R      32,109          30,623   R        4,130           9,435   R       7,774             7,414   R
      Sep               39,460   R      32,273          30,637   R        4,140           9,532   R       7,796             7,400   R
      Dec               39,234   R      32,184          30,184   R        4,154           9,446   R       7,749             7,267   R
2006 Mar                39,670   R      32,532   R      30,175   R        4,168           9,517   R       7,804   R         7,239   R
      Jun               40,370   R      32,537   R      30,683   R        4,181           9,655   R       7,781   R         7,338   R
      Sep               41,482   R      32,687   R      31,074   R        4,191           9,899   R       7,800   R         7,415   R
      Dec               41,860   R      32,895   R      30,842   R        4,204           9,957   R       7,825   R         7,336   R
2007 Mar                42,394   R      33,322   R      31,491   R        4,217          10,053   R       7,902   R         7,467   R
      Jun               43,651   R      33,605   R      31,848   R        4,226          10,330   R       7,953   R         7,537   R
      Sep               44,012   R      33,822   R      32,100   R        4,234          10,395   R       7,988   R         7,581   R
      Dec               45,123   R      34,102   R      33,144   R        4,246          10,627   R       8,031   R         7,805   R
2008 Mar                45,229   R      34,005   R      33,187   R        4,258          10,622   R       7,986   R         7,794   R
      Jun               44,824   R      33,858   R      32,688   R        4,266          10,507   R       7,936   R         7,662   R
      Sep               44,197   R      33,696   R      32,543   R        4,274          10,340   R       7,883   R         7,614   R
      Dec               45,218   R      33,369   R      32,174   R        4,286          10,551   R       7,786   R         7,507   R
2009 Mar                45,430   R      33,116   R      32,040   R        4,299          10,569   R       7,704   R         7,454   R
      Jun               45,242          33,143          32,664            4,311 P        10,495           7,688             7,577

(1) For the definition of real gross national disposable income, refer to the 'Technical notes' of this release.
(2) New Zealand usually resident population. For further details, refer to the 'Technical notes' of this release.
(3) Quarterly time series for GDP in current prices, GDP in 1995/96 prices and real gross national disposable income are
    seasonally adjusted.

Symbol:
R Revised
P provisional




                                                                                            Published by Statistics New Zealand
                                    Gross Domestic Product: June 2009 quarter


Table 6.2

                                                    Summary Statistics
                                      Percentage change in annual values (1)
                                                                                                                     Real gross
                                                      Real gross                  Expenditure on
                    Expenditure on                                                                  GDP in             national
                                      GDP in           national     Population of GDP in current
                    GDP in current                                                               1995/96 prices      disposable
                                   1995/96 prices     disposable    New Zealand     prices per
                        prices                                                                     per capita        income per
                                                        income                        capita
                                                                                                                        capita

Quarter
2003 Jun                   5.5              4.7            4.4             1.9             3.5             2.7               2.5
      Sep                  5.1              4.5            4.8             1.9             3.1             2.5               2.8
      Dec                  5.9              4.1            5.1             1.9             3.8             2.1               3.1
2004 Mar                   6.8              4.3            5.9             1.9             4.8             2.4               3.9
      Jun                  7.9              4.8            6.5             1.8             6.0             3.0               4.6
      Sep                  8.4              4.8            5.8             1.6             6.6             3.1               4.1
      Dec                  8.3              4.5            4.8             1.5             6.7             3.0               3.2
2005 Mar                   7.2              3.8            3.5             1.4             5.7             2.3               2.0
      Jun                  6.2              3.1            2.4             1.3             4.9             1.8               1.1
      Sep                  5.5              2.8            2.5             1.2             4.2             1.6               1.2
      Dec                  4.7              2.8            1.9             1.2             3.5             1.6               0.8
2006 Mar                   4.9              3.0            1.3             1.1             3.8             1.8               0.1
      Jun                  4.4              2.6            0.7             1.2             3.2             1.4              -0.4
      Sep                  4.2              2.1            0.3             1.2             3.0             0.9              -0.9
      Dec                  5.0              1.9            0.8             1.2             3.8             0.7              -0.4
2007 Mar                   5.5              1.8            2.0             1.2             4.2             0.6               0.8
      Jun                  6.7              2.3            2.9             1.2             5.5             1.1               1.7
      Sep                  7.0              2.8            3.4             1.1             5.8             1.7               2.2
      Dec                  7.2              3.2            4.8             1.1             6.1             2.1               3.7
2008 Mar                   7.1              3.1            5.0             1.0             6.0             2.1               4.0
      Jun                  5.7              2.5            4.7             1.0             4.6             1.5               3.7
      Sep                  4.3              1.5            4.2             1.0             3.3             0.6               3.2
      Dec                  2.5              0.0            1.5             1.0             1.5            -0.9               0.5
2009 Mar                   1.1             -1.1           -0.7             0.9             0.1            -2.0              -1.6
      Jun                  0.7             -1.8           -1.3             1.0            -0.3            -2.8              -2.3

(1) Calculated as the sum of the four quarters, ending in the quarter shown, divided by the sum of the previous four
    quarters, then expressed as a percentage. These percentage changes are derived from the actual series rather than the
    seasonally adjusted series.




                                                                                           Published by Statistics New Zealand

								
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