Total spending went up 0.6% m/m. Overall, total consumer spending increased 1.9% in 3-month average terms and 6.5% over the past 12 months.
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NAB Group Chief Economist Alan Oster talks about the latest impacts of the Coronavirus. Listen now.
In today’s podcast, NAB Group Chief Economist Alan Oster discusses retail sales trends and where this is headed over the next 6-12 months, the deteriorating situation in Europe and data releases next week including CPI and our consumption data.
Listen to the full podcast now. If listening on a mobile device, click listen in browser.
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