Australian data - CBA's household spending survey +0.6% m/m in June (prior +1.1%)

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Australian data - CBA's household spending survey +0.6% m/m in June (prior +1.1%)

The Australian consumer is not running on empty just hyet according to this data.

CBA Household Spending for June 2024 +0.6% m/m

• prior +1.1%

and +3.9% y/y

• prior +4.3%

A slower rate of growth for both measures but not too shabby. Australian's received a tax cut on July 1. Also from July elect

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

Source: Australian data - CBA's household spending survey +0.6% m/m in June (prior +1.1%)

forexlive.com