Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Politics
Poppy Johnston

Spending wanes as consumers wait for next big event

RBA estimates have raised the level at which it believes full employment may drive up inflation. (Jane Dempster/AAP PHOTOS)

Household spending has simmered down in the absence of one-off events like the FIFA Women's World Cup, Barbenheimer and football finals.

Payment data from Commonwealth Bank revealed a sharp slowdown in spending in October after a spate of major events kept overall consumption elevated over the three months prior.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.