The household final consumption expenditure in Australia increased to 327059 AUD million in the third quarter from 327180 AUD million in the second quarter of 2024. Consumer Spending in Australia averaged 150472.77 AUD Million from 1959 until 2024, reaching an all time high of 328108.00 AUD Million in the first quarter of 2024 and a record low of 38156.00 AUD Million in the third quarter of 1959. source: Australian Bureau of Statistics
Consumer Spending in Australia is expected to be 334342.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Consumer Spending is projected to trend around 341942.00 AUD Million in 2026 and 349465.00 AUD Million in 2027, according to our econometric models.