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
December 30, 2011
Quarterly Agribusiness Survey – December 2011
NAB's Quarterly Agribusiness Survey covers economic and business conditions in Australia’s post farm gate agribusiness sector.
NAB’s Quarterly Agribusiness Survey covers economic and business conditions in Australia’s post farm gate agribusiness sector.
Post farm gate conditions improve after plunging through 2011
- Post farm gate business conditions improve on rising farm sector output
- But conditions still somewhat tentative, near‐term expectations remain weak
- Excess capacity remains a problem for the sector, with capex plans slowly being wound back
For detailed analysis download the full report.
