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,2021,2022,2023

Consumer Spending in Australia increased to 287574 AUD Million in the second quarter of 2022 from 281512 AUD Million in the first quarter of 2022. source: Australian Bureau of Statistics

Consumer Spending in Australia averaged 131562.14 AUD Million from 1959 until 2022, reaching an all time high of 287574 AUD Million in the second quarter of 2022 and a record low of 34752 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 December of 2022.

Consumer Spending in Australia is expected to be 284823.00 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 288240.00 AUD Million in 2023 and 295446.00 AUD Million in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Retail Sales MoM	-0.20	0.60	percent	Oct 2022
Retail Sales YoY	17.90	19.20	percent	Sep 2022
Consumer Spending	287574.00	281512.00	AUD Million	Jun 2022
Disposable Personal Income	366710.00	361506.00	AUD Million	Jun 2022
Personal Savings	8.70	11.40	percent	Jun 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.