NAB data show Australia consumer spending rises 1.1% in July

• NAB’s July 2026 Consumer Spend Trend showed Australian consumer spending rose 1.1% month-on-month.
• Discretionary outpaced essential spending, rising 1.2% versus 0.8%, signaling resilience despite cost-of-living pressures.
• Personal goods led discretionary gains, up 2% on the month.
• Hotels, travel and transport increased 1.9% in July; cafes and restaurants rose 1.1%.
• Total consumer spending was 7.7% higher than a year earlier, supported by discretionary categories.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NAB - National Australia Bank Ltd. published the original content used to generate this news brief on August 14, 2026, and is solely responsible for the information contained therein.