Australian Household Spending Jumps Again, Adding to RBA’s Inflation Dilemma Australian household spending rose 1.1% m/m in July, well above 0.3% consensus, after gains of 1.2% in May and 1.0% in June. Through year, spending growth accelerated from 6.1% to 7.0%, strongest annual pace since June 2023. ABS said July increase was led by recreation […]The post Australian Household Spending Jumps Again, Adding to RBA’s Inflation Dilemma appeared first on ActionForex.