Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustraliaAustralia Household Spending MoM climbed to 1.1% in July 2026
FMPMonthlyReleased August 2026
Australia Household Spending MoM climbed to 1.1% in July 2026, released August 2026, up 0.1% from June's 1.0% reading. The print exceeded the 0.4% consensus by 0.7%. Household Spending MoM has now risen for 3 consecutive months. The reading is in the 81st percentile of the trailing 24-month range.
Latest Release
1.1
Actual
0.4
Consensus
1
Previous
Median Absolute Error
±0.32 percentage points
across last 11 releases
Last Call
Aug 2026
Predicted: 0.7
Actual: 1.1
Error: -0.4
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| S&P 500 | ▼ Inverse | −0.26 | INDEX | Moves against | → View |
| XAU/USD | ▼ Inverse | −0.25 | COMMODITIES | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Household Spending MoM (Australia) was reported at 1.1% in August 2026. This beat the market consensus of 0.4% by 0.7%. The reading rose from the previous value of 1%. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged 0.37%, ranging from -1.1% to 1.3% across 9 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 0.27%, down from the prior three at 0.3%. In August readings over the past 3 years, Household Spending MoM has averaged 0.8%.
THE MODEL'S TAKE
Over the last 11 releases, the Sigmacast model's median absolute error is 0.33%.
WHAT TO WATCH NEXT
The next release is scheduled for September 29, 2026. Same-country events in the next 14 days include CFTC AUD speculative net positions (Sep 18) and RBA Hunter Speech (Sep 21).
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
SHARE
Household Spending MoM - AU
Loading chart data...
About Household Spending MoM — Australia
DEFINITION
Household Spending MoM (Month-over-Month) is a key financial indicator that measures the change in consumer spending on goods and services within a specific time period. It provides valuable insights into the overall health of the economy and consumer confidence. This indicator is closely monitored by economists, policymakers, and businesses as it can impact inflation, GDP growth, and consumer behavior. A positive change in Household Spending MoM indicates an increase in consumer spending, which can stimulate economic growth, while a negative change may signal a decline in consumer confidence and potential economic slowdown.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jul 2026): actual 1.1 %, consensus 0.4 %. Prior reading (Jun 2026): 0.8 %. Before that (Apr 2026): -1.1 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - AU Events
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 01:00 | AU | Westpac Leading Index MoM | 0 | 0.2 | 0.25 | Low | |
| 01:00 | AU | Leading Index MoM | 0 | 0.2 | 0.20 | Low | |