Australia’s Westpac leading index indicates sub-trend growth to continue

Australia’s economic outlook appears subdued for the remainder of 2024, according to the latest data from Westpac’s leading index, which fell from -0.03% to -0.23% in March. This decline signals continuation of “sub-trend” growth, as characterized by Westpac, suggesting that the economic performance may not reach the usual growth standards expected within the country. Westpac […]

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