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Most analysts have highlighted the overall GDP growth figure.
Overall GDP was up 2.2% on the year.
Net trade accounted for half of the overall GDP expansion.
Overall, GDP grew by around 4.5% last year.
This is seen resulting in overall GDP growth of 2.7% in 2014.
That dragged on overall GDP growth, which eased off to 0.7% in the fourth quarter.
Dudley said the retail data pointed towards a "relatively weak" fourth quarter for overall GDP growth.
Overall GDP, not GDP per capita, is what matters in terms of power.
Over the last three years financial services have accounted for a remarkable one-third of overall GDP growth.
The overall GDP number for the area also beat consensus, coming in at 0.3% in the fourth quarter.
Overall GDP growth is strong thanks to the resource boom and improved economic management.
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