Name: Australia Consumer Spending
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Australia,Consumer Spending,data,chart,actual,historical,values,calendar,forecast,graph,2022,2023,2024

Consumer Spending in Australia increased to 288104 AUD Million in the fourth quarter of 2022 from 287128 AUD Million in the third quarter of 2022. source: Australian Bureau of Statistics

Consumer Spending in Australia averaged 131752.45 AUD Million from 1959 until 2022, reaching an all time high of 288104.00 AUD Million in the fourth quarter of 2022 and a record low of 34596.00 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 March of 2023.

Consumer Spending in Australia is expected to be 285556.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Consumer Spending is projected to trend around 298850.00 AUD Million in 2024 and 305724.00 AUD Million in 2025, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Retail Sales MoM	1.90	-4.00	percent	Jan 2023
Retail Sales YoY	7.50	7.40	percent	Jan 2023
Consumer Spending	288104.00	287128.00	AUD Million	Dec 2022
Disposable Personal Income	367881.00	370349.00	AUD Million	Dec 2022
Personal Savings	4.50	7.10	percent	Dec 2022

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.