SYDNEY (AFX) - GDP in the three months to March rose 1.1 pct from the fourth quarter of 2000 and was up 2.1 pct year-on-year, the Australian Bureau of Statistics said.
In the fourth quarter, GDP had fallen 0.6 pct quarter-on-quarter and was up 2.1 pct year-on-year.
The median of analyst forecasts was for first quarter GDP to have risen 0.7 pct from the fourth quarter, with expectations ranging from a rise of 0.3 to 0.9 pct.

The ABS released the following table (all figures adjusted):

Q1 Q4 Q3 Q2 yr-on-yr
(Q1 2001/Q1 2000)
Total GDP 1.1 -0.6 0.4 1.3 2.1
Household consumption 2.2 0.4 0.4 0.8 3.9
Govt defence consumption 2.0 -5.1 -5.1 2.1 -6.2
Govt other consumption 3.3 -0.1 0.6 0.7 4.6
Total final consumption 2.4 0.1 0.3 0.9 3.8

Private gross fixed capital 1.7 -9.3 -4.6 2.9 -9.3
Public gross fixed capital 1.7 10.9 3.5 -18.3 -4.7
Total gross fixed capital 1.7 -6.1 -3.4 -0.9 -8.5

Domestic final demand 2.3 -1.3 -0.6 0.4 0.8

Gross national expenditure 0.3 -0.5 -0.2 0.5 0.1

Exports of goods/services 0.5 -2.7 4.1 2.9 4.8
Imports of goods/services -3.3 -2.3 0.1 -0.5 -5.8

Change in inventories -1.9 0.8 0.4 0.0 -0.7

Statistical discrepancy -0.1 -0.1 -0.2 0.1 -0.3