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Australia New Motor Vehicle Sales MoM
Latest Release
Jan 16, 2018
Actual4.5%
Previous0.1%
New Motor Vehicle Sales measures the change in the number of new cars and trucks sold domestically. It is an important indicator of consumer spending is closely correlated to consumer confidence.
A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Jan 16, 2018 (Dec) | 10:30 | 4.5% | 0.1% | ||
| Dec 18, 2017 (Nov) | 10:30 | 0.1% | -0.5% | ||
| Nov 17, 2017 (Oct) | 10:30 | 0.0% | -0.5% | ||
| Oct 17, 2017 (Sep) | 10:30 | -0.5% | 0.0% | ||
| Sep 18, 2017 (Aug) | 11:30 | 0.0% | -2.0% | ||
| Aug 15, 2017 (Jul) | 11:30 | -2.0% | 1.2% |
News
Australia new vehicle sales surge to record peaks in Dec
By Reuters - Jan 16, 2018
SYDNEY, Jan 16 (Reuters) - Australian sales of new vehicles surged by the most since 2012 in December to hit record highs for the month and the year, adding to signs of a pick up in consumer spending...
Australia new vehicle sales flat in August
By Reuters - Sep 18, 2017
SYDNEY, Sept 18 (Reuters) - Australian sales of new vehicles were unchanged in August, though a jump in commercial sales augured well for business investment in the month. Monday's data from the...
Australia new vehicle sales jump to record in May-ABS
By Reuters - Jun 19, 2017
SYDNEY, June 19 (Reuters) - Australian sales of new vehicles rose by the most in 11 months in May to hit the highest on record, a promising sign for a pick up in consumer spending in the second...
Analysis
AUD/USD Remains Tight Between 0.74 And 0.75
By Stuart McPhee - Jul 15, 2015
AUD/USD – Wednesday, July 15th, 2015The Australian dollar has fallen sharply over the last few weeks, which has culminated in a new six year low below 0.74 early last week. Since that time, the...
Gold Continues To Enjoy Support From $1150
By Stuart McPhee - Jul 15, 2015
Gold – Wednesday, July 15th, 2015Throughout the last few weeks, gold has steadily declined, and fallen from above the key $1200 level back to a new three month low below $1150 last week. It has,...
Australia 200 Looks To Break Back Above 5650
By Stuart McPhee - Jul 15, 2015
Australia 200 – Wednesday, July 15th, 2015In the last week or so, the ASX200 has relied heavily upon the 5400 level, and it has measured up and held the index up well over the last week or so....
New Motor Vehicle Sales (MoM) Discussion
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