NAB data show Australia consumer spending rises 1.1% in July

Reuters2026/08/14 05:11

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NAB’s July 2026 Consumer Spend Trend showed Australian consumer spending rose 1.1% month-on-month.
Discretionary outpaced essential spending, rising 1.2% versus 0.8%, signaling resilience despite cost-of-living pressures.
Personal goods led discretionary gains, up 2% on the month.
Hotels, travel and transport increased 1.9% in July; cafes and restaurants rose 1.1%.
Total consumer spending was 7.7% higher than a year earlier, supported by discretionary categories.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NAB - National Australia Bank Ltd. published the original content used to generate this news brief on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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NAB data show Australia consumer spending rises 1.1% in July

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