Australia Westpac-MI leading index rose from 1.02% to 1.71% in March. That’s the fastest growth rate since May 2021. The data are consistent with Westpac’s expectation of around 5.5% GDP growth in 2022, with more than 70% of that being concentrated in Q2 and Q3. Westpac expects RBA to be on hold at May 3 […]
The post Australia Westpac leading index rose to 1.71, highest since last May appeared first on Action Forex.