Consumer spending, according to NAB’s transaction data, went up 0.5% in both retail and total spending after being broadly flat last month.
Report
NAB Group Chief Economist Alan Oster talks about the latest economic news. Listen now.
Today Alan Oster, NAB Chief Economist discusses our latest global forecasts, with the US and Europe now emerging from coronavirus via high vaccination levels, but ongoing challenges in Asia. Alan also discusses preliminary data on Victoria’s restrictions.
Listen to the full podcast now. If listening on a mobile device, click listen in browser.
© National Australia Bank Limited. ABN 12 004 044 937 AFSL and Australian Credit Licence 230686.