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.
Report
February 8, 2023
NAB Markets (Regional & Agribusiness) – What is the Pathway for Interest Rates?
Inflation continues to dominate the markets narrative, what does the pathway for Interest Rates in 2023 hold & how can NAB Markets support commercial borrowers in managing this risk?
Tapas Strickland, Head of Markets Economics NAB, James Sheehan, Head of Business Markets NSW/ACT, and Daniel Farrell State Director NSW/ACT Markets, discuss the February 2023 RBA meeting and outlook, inflation, the labour market, and potential risks ahead.
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