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Australia leading index records 11th consecutive negative month
Australia’s Westpac Leading Index rose to -0.51% in June from -1.01% in May, marking the eleventh consecutive negative print. This trend indicates that the Australian economy is likely to operate below its potential trend over the six to nine months outlook. In light of these results, Westpac maintains a modest forecast for Australian economic growth. […] The post Australia leading index records 11th consecutive negative month appeared first on Action Forex...
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Posted: Jul 19 2023, 03:07
Author Name: actionforex
Views: 110844