‘The 13-industry aggregate showed a 0.4 per cent growth in business turnover in March in seasonally adjusted terms, with eight of the 13 industries rising.
‘The Wholesale trade industry led the growth, up 2.2 per cent. Driving this rise were Basic material wholesaling, which rebounded following a dip in exports in February, and Motor vehicle and motor vehicle parts wholesaling.’
Rises in these industries were partially offset by falls in five of the 13 industries.
‘The largest drops were in Electricity, gas, water and waste services, down 4.1 per cent, and Transport, postal and warehousing, down 3.9 per cent. Both of these industries were impacted by adverse weather conditions across Queensland, New South Wales and Western Australia,’ Mr Ewing said.