Australia Westpac leading index hits 0.26%, decisive breakaway from year-long sluggishness

Australia’s Westpac Leading Index moved decisively into positive territory in October, rising from -0.20% in September to +0.26%. This marks a significant shift, as the index had been hovering in slight negative territory, between -0.3% and flat, for most of the past year. The October reading is not only the first clear above-trend result since […]

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