NAB Consumer Spend Trend Report February 2026

This report presents an analysis of consumer spending trends in Australia for February 2026, based on aggregated transaction data from NAB Economics & Markets Research. It indicates a month-on-month increase of 0.4% in consumer spending, suggesting a solid performance for the first quarter of the year. The report details spending across various categories, highlighting that goods spending rose by 0.4%, while services spending increased by 0.5%. Notably, personal goods and household goods showed positive growth, while fuel spending declined significantly. The report also examines spending trends by region and demographics, revealing that spending growth was strongest in the Australian Capital Territory and Northern Territory. Additionally, it outlines the methodology used to derive the data, emphasizing the importance of data privacy and the exclusion of certain transaction types. The findings provide valuable insights into the economic activity and consumer behavior in Australia during this period.