Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Australian spending slowed in January, easing inflation pressure despite strong GDP growth.

flag Australian households are spending less, with January consumption rising 0.3%—slightly below forecasts—bringing annual growth to 4.6% from 5%, according to the Australian Bureau of Statistics. flag This slowdown in spending comes despite 2025's 2.6% GDP growth, the fastest in nearly three years. flag NAB economist Jessie Cameron said the weak consumer demand reduces pressure for further interest rate hikes, even as inflation and rate expectations remain high.

50 Articles