Business Activity Indicator GST: March 2001 quarter

Commentary

GST sales

Seasonally adjusted sales increased by $203 million (0.2 percent) in the March 2001 quarter. Sales increased in January, and in March, but decreased in February.

Eight out of 16 industries recorded quarterly growth in seasonally adjusted sales. The largest contributors to the increase came from the wholesale trade; agriculture, forestry and fishing; and manufacturing industries. These increases were largely offset by a decrease in government administration and defence.

GST purchases

Seasonally adjusted purchases decreased by $1,636 million (2.2 percent) in the March 2001 quarter. Purchases decreased in January, but increased in February and March.

Nine out of the 16 industries recorded quarterly increases in growth in seasonally adjusted purchases, but a large decrease in government administration and defence more than offset these increases.

Government Administration and Defence

A downward level shift of approximately $500 million occurred in government administration and defence sales and purchases in January 2001. This level shift has resulted from changes in the organisational structure and GST reporting practices within the central government health sector.

Total GST Purchases 

Graph, Total GST Purchases

For technical information contact
Matthew Donnelly
03 374 8775
Email: Matthew_Donnelly@stats.govt.nz