Australia Westpac leading index falls to -0.25%, sub-par growth to continue

Australia’s economy is bracing for continued “sub-par growth” into 2024, as indicated by the downturn in the Westpac Leading Index, which dipped from -0.01% to -0.25% in January. Westpac anticipates the economic growth rate to hover around an annualized 1.3% in the first half of this year, marking an improvement from the latter half of […]

The post Australia Westpac leading index falls to -0.25%, sub-par growth to continue appeared first on Action Forex.