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...
The Commonwealth Bank of Australia (CBA) believes the RBA’s efforts will slow the economy without pushing it into recession next year.
“Looking ahead, 2024 will have more than its fair share of risks...
The monthly CommBank Household Spending Insights (HSI) Index rose 1.8% in November.
This was driven by consumers bringing forward their holiday shopping to take advantage of heavy discounting during Black Friday and Cyber...
The monthly CommBank Household Spending Insights (HSI) Index fell 1% in October.
This was led by declines in spending across recreation, hospitality and food and beverage as the ongoing effect of interest rate...
The monthly CommBank Household Spending Insights (HSI) Index rose 0.5% to 137.4 in September, led by increased spending on hospitality and food and beverages, higher petrol prices and increased education spending.
However, spending...
The monthly CommBank Household Spending Insights Index rose 0.7% to 137.0 in August.
This was led by increased education spending by international university students, higher transport spending due to increased petrol prices and...
Australians continued to “tighten their belts” in July, according to a new Commonwealth Bank of Australia (CBA) report, with spending growth declining nationally to just 1.3% in the year to July.
The monthly CommBank...
