Australia Westpac Leading Index growth rate fell from -0.78% to -1.09% in May. This is the lowest read of the growth rate since the pandemic. The tenth consecutive negative print for the index. The negative Index growth rates point to below-trend economic growth. Westpac expects the weakness to extend through 2023 and into 2024. Westpac […]
The post Australia’s Westpac leading index fell to -1.09%, weakness to extend into 2024 appeared first on Action Forex.
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