CBA Household Spending Intentions April 2022

The CBA Household Spending Intentions Index fell in April from a record high in March. The index was down by 3.8%/mth in April with the index printing at 112.3. In this podcast Belinda Allen, Senior Economist and Stephen Halmarick, Chief Economist discuss the drivers of April’s results including gains in Travel, Entertainment and Retail and falls in Home buying, Health & fitness and Transport. The HSI index though reflects the strength in both the activity side of the Australian economy, as well as strong prices as the interest rate cycle commenced in May.

 

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