What is the long-term consumer spending forecast for Australia?
What is the consumer spending outlook for 2021?
- Deloitte forecasts real consumer spending on services to rise by 6.2% in 2021 after a 3.9% contraction in 2020. As safety perceptions rise, consumers’ preference for online shopping has gone down compared to levels at the peak of the pandemic (figure 4).
How much do Australians spend on consumer goods in 2019?
- Australia Consumer Spending Consumer Spending in Australia increased to 263544 AUD Million in the second quarter of 2019 from 262570 AUD Million in the first quarter of 2019.
How much did consumers spend in Australia in Q2 2020?
- Consumer Spending in Australia decreased to 233518 AUD Million in the second quarter of 2020 from 265742 AUD Million in the first quarter of 2020.
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