Gross Domestic Product: December 2008 quarter
Highlights
- Economic activity decreased 0.9 percent in the December 2008 quarter, the fourth consecutive decrease.
- In the December 2008 quarter, activity in goods producing industries decreased 3.6 percent and increased 0.8 percent in service industries.
- Annual growth in gross domestic product was up 0.2 percent for the December 2008 year.
- Gross fixed capital formation decreased 5.3 percent in the December 2008 quarter.
- Household consumption expenditure was flat in the latest quarter, following three quarters of decline.
- Real gross national disposable income increased 1.9 percent for the year ended December 2008.
| Geoff Bascand |
27 March 2009 |
| Government Statistician |
ISSN 1178-0290 |