Consumer Spending in Australia increased to 253648 AUD Million in the third quarter of 2020 from 235131 AUD Million in the second quarter of 2020. source: Australian Bureau of Statistics

Consumer Spending in Australia averaged 126549.08 AUD Million from 1959 until 2020, reaching an all time high of 272211 AUD Million in the fourth quarter of 2019 and a record low of 34433 AUD Million in the third quarter of 1959. This page provides the latest reported value for - Australia Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Consumer Spending - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Consumer Spending in Australia is expected to be 267890.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Australia to stand at 263540.00 in 12 months time. In the long-term, the Australia Consumer Spending is projected to trend around 271446.00 AUD Million in 2022 and 279590.00 AUD Million in 2023, according to our econometric models.

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Australia Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
253648.00 235131.00 272211.00 34433.00 1959 - 2020 AUD Million Quarterly
Constant Prices 2018-19, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-04 12:30 AM Q4 0.5% 0.4%
2020-06-03 01:30 AM Q1 -0.4% 0.6%
2020-09-02 01:30 AM Q2 -12.1% -1.2%
2020-12-02 12:30 AM Q3 5.9% -8.3%

Australia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 109.10 107.00 123.94 64.61 points [+]
Retail Sales MoM 0.60 -4.10 16.90 -17.70 percent [+]
Retail Sales YoY 0.80 13.30 14.10 -9.20 percent [+]
Consumer Spending 253648.00 235131.00 272211.00 34433.00 AUD Million [+]
Disposable Personal Income 349346.00 337852.00 349346.00 3103.00 AUD Million [+]
Personal Savings 18.90 22.10 22.10 -1.70 percent [+]
Consumer Credit 2996.91 2981.81 2999.49 35.83 AUD Billion [+]
Private Sector Credit 0.20 0.30 2.90 -0.50 percent [+]
Gasoline Prices 1.03 0.99 1.67 0.46 USD/Liter [+]
Households Debt To GDP 121.40 119.40 123.60 34.20 percent of GDP [+]
Bank Lending Rate 6.51 6.51 21.05 6.51 percent [+]
Consumer Confidence Current Conditions 102.19 99.24 131.41 70.47 [+]
Consumer Confidence Economic Expectations 92.87 94.23 127.29 59.25 [+]
Consumer Confidence Financial Expectations 98.41 102.77 124.40 79.00 [+]
Consumer Confidence Major Purchases Expectations 122.03 117.09 154.86 71.04 [+]


Australia Consumer Spending
Household final consumption expenditure is the net expenditure on goods and services by persons and expenditure by private non-profit institutions serving households. This item includes: personal expenditure on motor vehicles and other durable goods; the imputed rent of owner-occupied dwellings; the value of 'backyard' production (including food produced and consumed on farms); and the payment of wages and salaries in kind.