Australia household spending falls 1.1% in April, after March jump
Tweet
Share
E-mail
A shopper looks at vegetables displayed at a Coles supermarket in Bondi Junction, in Sydney, Australia, October 29, 2025. REUTERS/Hollie Adams
SYDNEY, May 28 (Reuters) - Australian household spending fell back sharply in April after a petrol-induced spike the previous month, data showed on Thursday, as consumers scaled back on flights and unwound some hoarding of food.
Data from the Australian Bureau of Statistics showed its monthly household spending indicator (MHSI) fell 1.1% in April to A$79.42 billion ($56.59 billion). Analysts had generally looked for a dip of 0.4%, following a 1.6% jump in March.
Air transport was the largest contributor to the decline, as households scaled back travel and airlines cancelled routes, the ABS said.
($1 = 1.4035 Australian dollars)
(Reporting by Wayne Cole; Editing by Sonali Paul)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Nvidia customers notified about AI-related price hikes above 15%, Bloomberg News reports
- 'Vote for Love': Magdeburg Pride crowds challenge AfD ahead of election
- Israel strikes southern Syria; Damascus condemns attack
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
