Per capita recession tipped to continue in final key data before next rates decision
The scorecard for the economy is due a week before the RBA meets for its final rate decision of 2024.
The federal government has finished its final sitting week for the year, but the focus is still on Canberra and the economy, with Treasurer Jim Chalmers about to receive the economic scorecard for the September quarter.
Here’s what you need to know about the key economic data releases this week.
New numbers
The data: Retail trade, October 2024, Australian Bureau of Statistics
When: Monday 2 December 2024
What to expect: Reserve Bank governor Michele Bullock has flagged household spending as a key sensitivity for the central bank's inflation outlook. How households are responding to cost-of-living pressures and steady rates are critical indicators.
The Commonwealth Bank is expecting the latest data to show a rebound at 0.4%.
