We're spending more on fuel, crowding out most other areas.
ANZ card data from April shows spending at the pump jumped 0.9% on top of March's 20% hike shortly after the Iran war began.
Spending on retail, public transport, car dealerships, and the normally recession-proof health and beauty sector all took a hit.
There was an unusually large drop at supermarkets too – 1.4%.
First Retail Group Managing Director Chris Wilkinson told Mike Hosking they've seen a decisive shift in how we grocery shop.
He says people are opting for different brands and being smart with their money.
LISTEN ABOVE

Mike's Minute: How do you not have confidence in an event already sorted?
02:27

Pollies: National's Mark Mitchell and Labour's Ginny Andersen talk the handling of the fuel crisis and cost of living
11:20

John Edminstin: Bluff Oyster Festival Chair on low ticket sales, the chance this will be the final year
02:43