(Fixes spelling of percent in headline)
WELLINGTON, Dec 17 (Reuters) - New Zealand's gross domestic product rose a seasonally adjusted 0.9 percent in the third quarter, led by service industries and manufacturing, official data showed on Thursday. It rose a seasonally adjusted 2.3 percent on the year.
Economists polled by Reuters had forecast production-based growth of 0.8 percent for the quarter. They expected it to be 2.3 percent higher than a year ago. --------------------------------------------------------------- (Expressed in percent; revised from in brackets) Production-based GDP, qtr-on-qtr s/adj chain volume series:
Q3
Pvs qtr
Qtr yr ago
+0.9
+0.3 (+0.4)
+0.9 --------------------------------------------------------------- S/adj change in chain-volume series vs yr-ago quarter:
Q3
Pvs qtr
Qtr yr ago
+2.3
+2.4 (+2.4)
+3.7 --------------------------------------------------------------- Real annual average change*
Q3
Pvs qtr
+2.9
+3.3 (+3.0)
--------------------------------------------------------------- Expenditure-based GDP, s/adj change in chain-volume prices from previous qtr:
Q3
Pvs qtr
Qtr yr ago
+1.2
+0.7 (+0.2)
+1.1 ---------------------------------------------------------------
* Calculated as the sum of the four quarters ended in the quarter shown divided by the sum of the previous four quarters, then expressed as a percentage change. The full data is available at http://www.stats.govt.nz
Fourth quarter GDP data will be released on March 17.