Barely changed on the month at -0.09%
- prior revised to -0.15%
Westpac on this indicator's latest:
- Leading Index growth rate has now been below trend for the last twelve months
- continues to point to weak economic momentum carrying well into 2020
- The six month annualised growth rate in the Westpac- Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, fell from -0.78% in October to -0.81% in November.
