Spending on gambling and streaming services has jumped massively during the coronavirus lockdown, but overall consumption is flatlining.
NAB transaction data shows Australians are spending 62.7 per cent more on gambling and 41.6 per cent more on streaming services than they did this time last year.
The figures refer to the average money spent over the four weeks to June 6 and come after data from credit bureau illion and economic consultants AlphaBeta also showed an uptick in gambling.
A separate Westpac-Melbourne Institute survey shows consumers are feeling more optimistic about the economy now that restrictions have eased.
But NABs data suggests the economy is in for a bumpy ride.
Although consumer spending is still on an upward tra…
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