Track AU Household Spending m/m for insights into consumer spending trends and economic health in Australia.
This is the earliest look at vital household spending data. Consumer spending accounts for a majority of overall economic activity. It’s one of the most important gauges of economic health due to the vast ripple effect consumer buying creates in the economy. Source first released in Feb 2022.
What it Measures
Change in the total value of household spending on goods and services.
Usual Effect
When the 'Actual' figure exceeds the 'Forecast', it typically has a positive effect on the currency.
Source & Frequency
Australian Bureau of Statistics (latest release) - https://www.abs.gov.au/ • Released monthly, about 35 days after the month ends.
How Data is Derived
N/A
Also Known As
MHSI
Acronym
Monthly Household Spending Indicator (MHSI)