Australian household spending +0.4% m/m in November (expected +0.7%)


Australian household spending in November 2024:

+0.4% m/m

  • expected +0.7%, previously +0.8%

+2.4% y/y

  • expected +2.5%, previously +2.8%

And m/miy/y missed.

earlier:

  • Potential interest rate cut in Australia: analysts divided

AUD/USD is little changed in the session so far;

This article was written by Eamonn Sheridan at www.forexlive.com.



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