Tag: consumer spending

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...

Small growth in February retail sales

Consumers spent $35.8 billion across the country in February, according to figures released by the Australian Bureau of Statistics (ABS). Australian retail turnover rose 0.3%, following a rise of 1.1% in January and...

Cautious spending over Christmas quarter hinders fast recovery for retailers, KPMG

The latest KPMG Australia Retail Health Index (RHI) indicates that a slower than expected Christmas trading period will see a sluggish return to positive health for the retail sector no earlier than...

Retail sales rise in January

Consumers spent $35.7 billion across the country in January, according to figures released by the Australian Bureau of Statistics (ABS). Australian retail turnover rose 1.1%, following a fall of 2.1% in December and...

Retail sales fall in December

Consumers spent $35.1 billion across the country in December, according to figures released by the Australian Bureau of Statistics (ABS). Australian retail turnover fell 2.7%, following a rise of 1.6% in November and...

Aussies to spend $2.5b as school returns

Australia’s back to school (BTS) purchases are set to generate $2.5 billion in sales, according to research by the Australian Retailers Association (ARA) and Roy Morgan. The inaugural research reveals that approximately five...

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...

Retail sales rise in November

Consumers spent more than $36.5 billion across the country in November, according to figures released by the Australian Bureau of Statistics (ABS). Australian retail turnover rose 2%, following a fall of 0.4% in...
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