Economic Buzz: Australia spending holds steady at 0.3% in February

Australia?s household spending rose 0.3% month-on-month in February, matching January and marking a second straight increase. Growth was supported by food, recreation, and dining, while declines in transport and household goods capped overall momentum. Most regions recorded gains, with Western Australia and Northern Territory outperforming, while Tasmania saw a slight dip. On an annual basis, spending rose 4.6%, indicating stable but still subdued consumer demand.

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