Consumer Spending in Australia increased to 267716 AUD Million in the third quarter of 2019 from 267420 AUD Million in the second quarter of 2019. Australia Consumer Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Consumer Spending in Australia averaged 122277.52 AUD Million from 1959 until 2019, reaching an all time high of 267716 AUD Million in the third quarter of 2019 and a record low of 33846 AUD Million in the third quarter of 1959. This page provides the latest reported value for - Australia Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Australian Bureau of Statistics

Consumer Spending in Australia is expected to be 268765.00 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 273606.00 in 12 months time. In the long-term, the Australia Consumer Spending is projected to trend around 280446.00 AUD Million in 2021 and 287457.00 AUD Million in 2022, according to our econometric models.

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Australia Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
267716.00 267420.00 267716.00 33846.00 1959 - 2019 AUD Million Quarterly
Constant Prices 2016-2017, SA

Calendar GMT Actual Previous Consensus TEForecast
2019-03-06 12:30 AM Q4 0.8% 0.5%
2019-06-05 01:30 AM Q1 0.4% 0.8%
2019-09-04 01:30 AM Q2 1% 0.4%
2019-12-04 12:30 AM Q3 0.3% 0.9%

Australia Consumer Spending
Household final consumption expenditure is the net expenditure on goods and services by persons and expenditure by private non-profit institutions serving households. This item includes: personal expenditure on motor vehicles and other durable goods; the imputed rent of owner-occupied dwellings; the value of 'backyard' production (including food produced and consumed on farms); and the payment of wages and salaries in kind.