The six-month annualised growth rate in the Westpac-Melbourne Institute Leading Index
to 0.25% in December from 0.33% in Novemberthis measure indicates the likely pace of economic activity relative to trend three to nine months into the future
WPAC key points:
Leading Index growth rate dips back to 0.25% but still slightly positive. Growth set to improve in 2025 but remain lacklustre. Modest lifts in commodities, consumer, equities and dwelling approvals. This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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