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Australia Leading Index Signals Weak Growth – Westpac

Australia’s leading index signaled a sustained period of below trend growth as the economy faces headwinds from the lagged monetary policy tightening, falling wages and weak property market among other things, Westpac said Wednesday. The six-month annualized growth rate in the Westpac-Melbourne Institute Leading Index fell to -0.92 percent in November from -0.84 percent in […] The post Australia Leading Index Signals Weak Growth – Westpac appeared first on ForexTV... Read More
Posted: Dec 21 2022, 06:27
Author Name: forextv
Views: 110573

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