Australia Household Spending Remains Flat

Australia Household Spending Remains Flat

Australia's household spending remained unchanged in August, official data showed Tuesday. Household spending registered nil growth in August, following a 1.1 percent rise in July and a 0.

Grim reason household spending came in flat

Australian household spending has flatlined in August, but it would have fallen if it wasn’t for a key cost rising.

Australia household spending is flat in August after strong run

SYDNEY, Sept 29 (Reuters) - Australian household spending was flat in August ​as consumers cut back ‌on everything from food to clothing and culture, data showed on Tuesday, while ‌they ​forked out ⁠more for fuel. The ⁠Australian Bureau of Statistics' ...

Australian household spending flat as fuel costs rise

Fuel and other essentials kept Australian consumers under pressure in August, with flat spending and weaker non-fuel outlays pointing to caution.

Australia Spending Flat in August, but Fuel Surge Hides 0.3% Underlying Drop - ActionForex

Australian household spending slowed sharply in August, with growth easing from 1.1% in July to 0.0%, after a 0.9% rise in June. Spending was still 6.8% higher than a year earlier, but the flat headline overstated underlying demand because higher transport costs provided an important offset to weakness elsewhere. Transport spending rose 2.3%, while recreation […]