Tag: CommBank Household Spending Insights

Spending rises in March

The CommBank Household Spending Insights (HSI) Index rose 0.9% in March. According to the bank, this was buoyed by a lift in recreation and hospitality spending off the back of Melbourne Grand Prix and the...

Spending falls in February

The monthly CommBank Household Spending Insights (HSI) Index fell by 0.2% in February. The bank notes that Valentine’s Day failed to invigorate spending with consumers pulling back most on recreation (down 1.6%) and hospitality (down...

Household spending flat in January

The monthly CommBank Household Spending Insights (HSI) Index was flat in January, unchanged at 153.4. Modest spending increases were seen across six of the 12 spending categories, with the most notable uplifts seen in spending...

Black Friday boosts November spending

The CommBank Household Spending Insights (HSI) Index rose by 1.3% to 156.9 in November. This was led by a 5.7% jump in spending on household goods as shoppers took advantage of Black Friday...

Household spending flat in July

The monthly CommBank Household Spending Insights (HSI) Index was flat in July, unchanged at 148.2. Modest spending increases were seen across seven of the 12 spending categories, with the most notable uplifts in household goods (up 1.3%),...

Household spending rises in May

The monthly CommBank Household Spending Insights (HSI) Index increased 1.1% in May to 150.21. This follows a 1% drop in April, continuing the month-to-month spending volatility seen throughout 2024. While household spending rose in May,...

Household spending soft in March

The monthly CommBank Household Spending Insights (HSI) Index increased 0.2% in March to 141.8. This, says the bank, was led by shoppers stocking up the fridge ahead of the earlier-than-usual Easter break. The spending uplift was...

Household spending drops in December

The monthly CommBank Household Spending Insights (HSI) Index fell 3.9% in December. This, says the bank, was due to the cumulative effect of successive interest rate rises as well as consumers bringing forward holiday...
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