CommBank: EOFY Sales Fail to Spur Normal June Spending Spree, as Data Points to Signs of Weakness
July 17, 2026
July 17, 2026
SYDNEY, Australia, July 17 (TNSxrep) -- The Commonwealth Bank of Australia issued the following news:
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EOFY sales fail to spur normal June spending spree, as data points to signs of weakness
The latest HSI Index shows a slower pace of growth in June despite sales and sporting events.
Key points
* Seasonally adjusted recreation spending rapidly decelerated in June from 2.3% growth in May to just 0.2% in June.
* Co . . .
* * *
EOFY sales fail to spur normal June spending spree, as data points to signs of weakness
The latest HSI Index shows a slower pace of growth in June despite sales and sporting events.
Key points
* Seasonally adjusted recreation spending rapidly decelerated in June from 2.3% growth in May to just 0.2% in June.
* Co . . .