The Household Spending Intentions (HSI) series for February 2021 showed mixed results across the seven spending categories, but overall continued to point to ongoing economic recovery in Australia. This was especially the case for Home Buying, Health & Fitness, Entertainment and Education. Travel and Motor Vehicle spending were flat on the month, while Retail spending intentions were down a little on the month. The ongoing overall improvement in the HSI for February is consistent with the other signs that the Australian economic recovery has continued into the early months of 2021.
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