Wednesday, June 1, 2016

Australia - ABS figures show gross value of agricultural production exceeds $20.5 billion

ABS Gross Value agricultural production xls spreadsheet

ABS also reported: Exports drive economic growth
The latest Australian Bureau of Statistics (ABS) figures show exports leading economic growth with Gross Domestic Product (GDP) seasonally adjusted increasing 1.1 per cent in the March quarter 2016. GDP rose 3.1 per cent through the year.

The economy is showing a transition from mining based investment to production with new engineering construction falling for the tenth consecutive quarter (– 6.4 per cent) and Mining production growing (6.2 per cent). Mining related products significantly contributed to the 4.4 per cent growth in exports.

It is about time when city centric media got their heads around the importance of trade agreements and exports and the average person in the street woke up to the fact that our food industries are so valuable and need all the help and support that can be provided within our trade obligations.

No comments: