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Australian household spending rose 0.1% in August 2025, with annual growth at 5.0%, boosting expectations of a rate cut.
Australian household spending rose 0.1% in August 2025, the fourth straight monthly increase, and reached a 5.0% annual gain, according to the Australian Bureau of Statistics.
Growth was led by transport and travel spending, while recreation and alcohol spending declined.
The modest rise has fueled expectations of a November interest-rate cut by the Reserve Bank of Australia, though economists warn the recovery remains fragile amid global uncertainties and structural challenges.
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El gasto de los hogares australianos aumentó un 0,1% en agosto de 2025, con un crecimiento anual del 5,0%, impulsando las expectativas de un recorte de tasas.