Consumer Spending in Australia increased to 263544 AUD Million in the second quarter of 2019 from 262570 AUD Million in the first quarter of 2019. Consumer Spending in Australia averaged 120008.95 AUD Million from 1959 until 2019, reaching an all time high of 263544 AUD Million in the second 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 263819.43 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 269989.00 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.