• Prior 0.3%
  • Personal consumption +0.3% vs -0.1% prior
  • Adjusted consumption -0.2% vs -0.1% exp m/m Prior -0.3%

A loss to incomes in Jan but a better turnaround in spending. Wages were up 0.6% and disposable income rose 0.4% vs 0.3% prior

Overall spending fell which doesn't paint a great picture for the consumer side of the economy. Much of that is being put down to the amount spent at the petrol pumps.