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Australia’s Household Spending Misses Estimates as Services Drop

Australia’s Household Spending Misses Estimates as Services Drop
Published date:
Source:
BB Finews
8/9/25, 6:46 AM

Sales advanced 0.5% from May, when they climbed an upwardly revised 1%, and compared with a forecast 0.8% gain, Australian Bureau of Statistics figures showed on Tuesday. From a year earlier, spending climbed 4.8%, just shy of economists’ estimate of 4.9%.

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