Gross Domestic Product (GDP) increased 0.1 per cent in the fourth quarter of 2009, compared with a decrease of 0.2 per cent in the third quarter. The rise in output was due to growths in services and production.
Services output rose 0.1 per cent, compared with a fall of 0.2 per cent in the previous quarter. Distribution, hotels and restaurants contributed most to the increase. Distribution, hotels and restaurants rose 0.4 per cent, compared with an increase of 0.7 per cent in the previous quarter. Motor trades and retail contributed most to the increase. Transport, storage and communication showed zero growth, compared with an increase of 0.7 per cent in the third quarter. Business services and finance showed zero growth in the fourth quarter, compared with a decrease of 0.8 per cent in the previous quarter. Government and other services rose 0.2 per cent, compared with a decline of 0.2 per cent in the previous quarter. Health made the largest contribution to the increase.
Total production output rose in the fourth quarter, increasing 0.1 per cent, compared with a fall of 0.9 per cent in the previous quarter. Manufacturing made the largest contribution to the increase rising 0.4 per cent, compared with a fall of 0.2 per cent in the previous quarter. Mining and quarrying output rose 1.0 per cent, compared with a decrease of 5.7 per cent in the previous quarter. Electricity, gas and water supply fell 3.3 per cent, compared with an increase of 0.2 in the previous quarter.
Construction output showed zero growth in the fourth quarter, compared with an increase of 1.9 per cent in the previous quarter.
Agriculture, forestry and fishing output decreased 0.6 per cent, compared with a fall of 2.8 per cent in the previous quarter.
Notes:
Unless otherwise specified:
Growth refers to a comparison of output in the latest quarter compared with the previous quarter. This is referred to as quarterly growth.
Annual growth refers to a comparison of output in the latest calendar year in comparison with the previous year.
Figures are in chained volume or real terms i.e. they have been adjusted to remove the effects of price change.