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Australian household spending in May +1.1% m/m (prior -1%%) and +4.3% y/y (prior +2.7%)

Info comes via Twitter, CommSec is CBA’s broking arm (a subsidiary of CBA):

Its difficult to read too much into this given its volatility ComSec refer to. Its is a lumpy data series this year.

This article was written by Eamonn Sheridan at www.forexlive.com.

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