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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustraliaAustralia Household Spending MoM fell to 0.0% in August 2026
FMPMonthlyReleased September 2026
Australia Household Spending MoM fell to 0.0% in August 2026, released September 2026, down 1.1% from July's 1.1% reading. The reading missed the 0.3% consensus by 0.3%. The print is running well below the 12-month average of 0.48%. Over the past 3 months, Household Spending MoM averaged 0.95%, vs 0.27% in the prior 3-month window. The reading is in the 18th percentile of the trailing 24-month range.
Latest Release
0
Actual
0.3
Consensus
1.1
Previous
Median Absolute Error
±0.36 percentage points
across last 12 releases
Last Call
Sep 2026
Predicted: 0.63
Actual: 0
Error: +0.63
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
Household Spending MoM (Australia) was reported at 0% in September 2026. This missed the market consensus of 0.3% by 0.3%. The reading fell from the previous value of 1.1%. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged 0.36%, ranging from -1.1% to 1.3% across 9 releases.
WHY IT MATTERS
The trailing three releases averaged 0.63%, up from the prior three at -0.4%.
THE MODEL'S TAKE
Over the last 12 releases, the Sigmacast model's median absolute error is 0.36%.
WHAT TO WATCH NEXT
The next release is scheduled for November 4, 2026. Same-country events in the next 14 days include CFTC AUD speculative net positions (Oct 30) and Building Permits MoM (Nov 2).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
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Household Spending MoM - AU
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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 (Aug 2026): actual 0 %, consensus 0.3 %. Prior reading (Aug 2026): 0 %. Before that (Aug 2026): 0 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher 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 tailwind in the current projection.
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EXPECTED ZONE
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Economic Calendar - AU Events
| Thursday, October 29, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 00:30 | AU | Import Prices QoQ | -1.1 | 5.7 | 1.3 | 0.10 | Low |
| 00:30 | AU | Export Prices QoQ | 1.4 | 1.1 | 1.3 | 1.35 | Low |
| Friday, October 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 00:30 | AU | Private Sector Credit YoY | 8.4 | 8.4 | 8.2 | 8.32 | Low |
| 00:30 | AU | Housing Credit MoM | 0.4 | 0.4 | 0.4 | 0.43 | Low |
| 00:30 | AU | Private Sector Credit MoM | 0.6 | 0.6 | 0.5 | 0.57 | Low |
| 00:30 | AU | Producer Price Index QoQ | 1.1 | 1.3 | 1 | 1.27 | Medium |
| 00:30 | AU | Producer Price Index YoY | 3.6 | 3.6 | 4.5 | 4.55 | Low |