Consumer Spending in Australia increased to 262566 AUD Million in the first quarter of 2019 from 261885 AUD Million in the fourth quarter of 2018. Consumer Spending in Australia averaged 119408.69 AUD Million from 1959 until 2019, reaching an all time high of 262566 AUD Million in the first quarter of 2019 and a record low of 33383 AUD Million in the third quarter of 1959.
Consumer Spending in Australia is expected to be 263282.40 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 268190.72 in 12 months time. In the long-term, the Australia Consumer Spending is projected to trend around 280943.73 AUD Million in 2020, according to our econometric models.