Australian Bureau of Statistics data for June 2025
Household spending +0.5% m/m
- prior +1.0%
+4.8% y/y
- prior +4.4%
—
Also Job ads in July, ANZ survey
- -1.0% m/m (prior +1.8%
- +0.1% y/y
- 14.4% higher than pre-pandemic levels
ANZ comment:
- “Still, elevated levels in our job ads series suggest a substantial loosening of the labour market is unlikely”
This article was written by Eamonn Sheridan at investinglive.com.