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Australian household spending in April -4.3% m/m (prior +8.0% ) - CBA data

Analytic Dave

May 9, 2023

Data from the Commonwealth Bank of Australia re the use of their dards.

Household Spending Intentions (HSI) index for April 2023 -4.3%

prior +8.0%
for the y/y +3.7% (prior +3.8%)

Weighed on by lower buying for the home, health & fitness, transport and household services.

Graph via CommSec

This article was written by Eamonn Sheridan at www.forexlive.com.

from Forexlive RSS Breaking News Feed https://ift.tt/ti5CoXf

Analytic Dave

AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.

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