A surge in spending on transport costs drove an overall increase in household spending in the year to February, according to a new estimate of consumption trends.
Household spending increased 3.6 per cent in the year to February on current prices, according to the calendar adjusted figures released by the Australian Bureau of Statistics on Thursday.
As households faced higher prices at the petrol bowser, an increasing portion of their budgets was devoted to covering the cost. Picture: NCA Newswire / Nicki Connolly Through the year to February, household spending on food rose 5.7 per cent, while consumption of furnishings and household equipment dipped 0.8 per cent.
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