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 Action Forex.
