Gross Domestic Product September Quarter 2020

In the September 2020 quarter compared to June 2020 quarter:

• Current GDP for September Quarter 2020 totaled $112.6 million compared to $110.9 million in June 2020.
• In real prices September quarter 2020 recorded a value of $95.0 million compared to $93.5 million in June 2020.
• Cook Islands economy (at nominal prices) increased by 1.6 percent when compared to June quarter 2020.
• Service industries – down 0.8 percent
• Primary industries – down 5.2 percent
• Goods-producing industries showed the only positive growth – up 21.4 percent due to the growth in construction activities during this period.