Search Results | Showing 1 - 10 of 112 results for "Household consumption" |
| | | ... in 2023-24, before regaining momentum in 2024-25 as improving real incomes growth support a recovery in household consumption. |
| | | | ... trade, and repair of motor vehicles and motorcycles drove the 0.6% decline in activity in the fourth quarter. Household consumption fell 0.1% in the last quarter as a result of lower spending on recreation and culture, miscellaneous goods and services ... |
| | | | ... Michele Bullock said that it remains too high. "Inflation is still weighing on people's real incomes and household consumption growth is weak, as is dwelling investment," she said. The prices of goods continued to ease reflecting the resolution of ... |
| | | | ... in 2023-24, before regaining momentum in 2024-25 as improving real incomes growth support a recovery in household consumption. Also, inflation, while moderating, remains a concern, but is expected to return to the target range soon. "After delivering ... |
| | | | ... Bullock recognised that high inflation is causing a strain on people's real incomes, leading to weak household consumption and dwelling investments. She further explained that maintaining the current cash rate is necessary to evaluate the impact ... |
| | | | ... economy is experiencing a period of "below-trend growth" that is expected to continue for a while. Weak household consumption and dwelling investments are some of the forces dampening activity. "Conditions in the labour market remain very tight, although ... |
| | | | ... spotlight on how shifts in sentiment can result in rapid outflows of deposits," Lowe said. The strength of household consumption is another factor influencing the RBA's outlook. Lowe noted that higher interest rates are impacting household spending ... |
| | | | ... resume in November 2021 and the international border fully reopened in February 2022." Meanwhile, Australia's household consumption is expected to improve as restrictions ease. Major tax incentives should also trigger the strongest boost in business ... |
| | | | ... transmission. An acceleration in vaccine rollout could enable a faster reopening and a rapid pick-up of household consumption, given the stock of excess savings," the OECD said. "On the other hand, were significant COVID-19 outbreaks to occur in other ... |
| | | | ... in household spending going forward, not to mention, the improvement in the country's labour market. Household consumption grew by 1.2% in the March 2021 quarter, contributing 0.7 percentage points to growth and driven by a 2.4% increase in spending ... |
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