9/18/2023 0 Comments Semblance of order downloadThere were also signs Western Australians were embracing the warm weather and return to normality after two years of pandemic uncertainty, with increases in spending activity in Clothing Stores and Recreation. That was supported by spending activity at Travel Agents, with the number of customers transacting with holiday consultants and the volume of those transactions both increasing month-on-month by eight per cent. The number of customers (-3%) making Airline transactions and the volume of transactions (-1%) fell month-on-month, but the value of transactions grew seven per cent, indicating fewer travellers making more expensive trips. The data signalled that Western Australians were continuing with discretionary spending, with increases across several non-essential sectors, while there was evidence more people were heading back overseas and outdoors.īankwest’s Spend Trends series has long tracked the recovery of the travel sector, with Western Australians returning to the skies in droves, but September’s data suggested they were doing so for overseas trips. Western Australians are embracing the warmer weather and the beginning of the end of the global pandemic, with Bankwest’s Spend Trends producing several indicators that people were returning to a ‘normal’ way of life.īankwest looked at WA customer credit and debit transactions for September and tracked month-on-month and year-on-year spending trends to provide insights into the community’s response to changing economic conditions.
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