Household Spending Intentions – October 2021

Welcome to the podcast for the first edition of our new CommBank Household Spending Intentions (HSI) Index. In this podcast Stephen Halmarick, Chief Economist and Belinda Allen, Senior Economist discuss the launch of the new HSI index and its enhancements through the addition of five new spending categories to compliment the seven already in place. This now means the HSI index tracks almost all types of household consumption. The index for October shows a 6.6% lift, driven by Travel, Transport and Household Services. Home Buying did fall as did the Motor Vehicle index.

 

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