Consumer Spending in Australia decreased to 233518 AUD Million in the second quarter of 2020 from 265742 AUD Million in the first quarter of 2020. source: Australian Bureau of Statistics

Consumer Spending in Australia averaged 123923.41 AUD Million from 1959 until 2020, reaching an all time high of 269010 AUD Million in the fourth quarter of 2019 and a record low of 33846 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 October of 2020.

Consumer Spending in Australia is expected to be 259804.00 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 245894.00 in 12 months time. In the long-term, the Australia Consumer Spending is projected to trend around 261437.00 AUD Million in 2021 and 267973.00 AUD Million in 2022, according to our econometric models.

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Australia Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
233518.00 265742.00 269010.00 33846.00 1959 - 2020 AUD Million Quarterly
Constant Prices 2016-2017, SA


Calendar GMT Actual Previous Consensus TEForecast
2019-12-04 12:30 AM Q3 0.3% 0.9%
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%

Australia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 105.00 93.80 123.94 64.61 points [+]
Retail Sales MoM -4.00 3.20 16.90 -17.70 percent [+]
Retail Sales YoY 2.30 2.40 12.70 1.90 percent [+]
Consumer Spending 233518.00 265742.00 269010.00 33846.00 AUD Million [+]
Disposable Personal Income 331505.00 323419.00 331505.00 3103.00 AUD Million [+]
Personal Savings 19.80 6.00 20.30 -1.70 percent [+]
Consumer Credit 2975.55 2973.56 2999.49 35.83 AUD Billion [+]
Private Sector Credit 0.00 -0.10 2.90 -0.50 percent [+]
Gasoline Prices 0.87 0.82 1.67 0.46 USD/Liter [+]
Households Debt To GDP 119.40 119.50 123.60 34.20 percent of GDP [+]
Bank Lending Rate 6.51 6.57 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.