Australia – Westpac leading indicator for November +0.1% m/m

  • The October result updated to +0.3% from +0.16%

Via Westpac's note on their indicator:

  • 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, rose to -0.2% in November from-0.5% in October.
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