The last of the partial measures feeding in to tomorrow’s headline GDP result for the March quarter was released today, with the ABS revealing that net export volumes will contribute 0.5 percentage points to GDP growth over the March quarter, down from the 0.7 percentage points contributed in the December quarter:
In seasonally adjusted chain volume terms, the balance on goods and services was a surplus of $9,273m, a rise of $1,816m (24%) on the December quarter 2014 surplus of $7,457m.
