National Accounts - June Quarter 2020
Key Facts:
In the June 2020 quarter compared to March 2020 quarter:
- Current GDP for June Quarter 2020 totalled $110.9 million compared to $139.9 million in March 2020
- In real prices June quarter 2020 recorded a value of $93.5 millioncompared to $124.5 million in March 2020.
- Cook Islands economy (at nominal prices) down 20.8 percent when compared to March quarter 2020.
- Service industries – down 25.1 percent
- Primary industries – down 5.3 percent
- Goods-producing industries showed the only negative growth - up 5.4 percent due to the growth in construction activities during this period.
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