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Australian data - Westpac Leading index for November -0.13% m/m (prior 0.02%)
Prior revised from -0.05% m/m to +0.02% m/m.
Via WPAC:
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 -0.84% in October to -0.92% in November.
- Growth rate falls to -0.92% from -0.84% in October.
- Fourth consecutive month of negative growth rate.
- Consistent with below trend growth well into 2023. Read More
Posted: Dec 20 2022, 23:43
Author Name: forexlive
Views: 110548
