Australia Consumer Spending - Forecast

Consumer Spending in Australia is expected to be 252536.26 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 254298.61 in 12 months time. In the long-term, the Australia Consumer Spending is projected to trend around 256786.76 AUD Million in 2020, according to our econometric models.


Australia Consumer Spending
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Australia Consumer Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Consumer Confidence 103 96.8 97.4 98 99 104
Retail Sales MoM -0.5 0.35 0.46 0.47 0.48 0.48
Retail Sales YoY 2 2.73 3.34 3.63 5.3 3.6
Consumer Spending 250770 252536 253136 253760 254299 256787
Disposable Personal Income 291915 294500 294964 295912 296283 297556
Personal Savings 3.2 3.85 3.9 4.04 4.13 5.12
Consumer Credit 2685 2709 2730 2750 2767 2874
Private Sector Credit 0.3 0.48 0.55 0.6 0.64 0.82
Households Debt To Gdp 122 121 121 120 120 119
Bank Lending Rate 8.65 8.65 8.65 8.65 8.65 11
Gasoline Prices 1.13 1.11 1.11 1.1 1 1.2
Consumer Confidence Current Conditions 102 104 105 105 106 107
Consumer Confidence Economic Expectations 92.87 94.72 95.13 95.43 95.64 96.17
Consumer Confidence Financial Expectations 98.41 104 105 106 106 107
Consumer Confidence Major Purchases Expectations 122 124 124 125 125 127