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Australian March leading index records its eighth consecutive negative print
Westpac-Melbourne Institute Leading Index for March 2023 six-month annualised growth rate in the Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, lifted slightly to -0.75% in March from -0.79% in February. WPAC comments (in brief): Leading Index growth rate remains in negative territory at -0.75%. Eighth consecutive negative print. Index consistent with below-trend growth throughout 2023. Households at the centre of slowdown with...
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Posted: Apr 19 2023, 01:02
Author Name: forexlive
Views: 110573