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Australia’s Westpac Index reports fourteenth month in red, despite marginal improvement.

Australia’s Westpac Index reports fourteenth month in red, despite marginal improvement.
Australia’s economic outlook remains subdued as indicated by the Westpac Leading Index, which, though it rose slightly from -0.48% to -0.34% in September, continues to signal prolonged weak conditions. Fourteen successive months of subzero readings on the headline index growth rate project that the anaemic sub-trend growth momentum is anticipated to linger into 2024. Westpac […] The post Australia’s Westpac Index reports fourteenth month in red, despite marginal improvement. appeared first on A... Read More
Posted: Oct 18 2023, 02:42
Author Name: actionforex
Views: 112279

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