Australian consumer spending rises 1.1% in September, NAB says
SPY•Australian consumer spending rose 1.1% in September and 9% year over year, according to NAB’s Consumer Spend Trend report. Spending excluding fuel increased 0.7%, while fuel spending jumped 8.3%.
1. Spending increases
Australian consumer spending rose 1.1% in September, up 9% from a year earlier. Fuel spending climbed 8.3% over the month and reached 31.1% above year-earlier levels; excluding fuel, spending increased 0.7%.




