Tag: consumer spending

Bargains boost retail sales in May

Consumers spent $35.9 billion across the country in May, according to figures released by the Australian Bureau of Statistics (ABS). Australian retail turnover rose 0.6%, following a rise of 0.1% in April and a...

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,...

Retail turnover falls in March

Australian retail turnover fell 0.4% in March, according to figures released by the Australian Bureau of Statistics (ABS). This follows a rise of 0.2% in February and a rise of 1% in January....

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...
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