Australian Leading Index shows "more modest momentum"


The six-month annualised growth rate in the Westpac-Melbourne Institute Leading Index

  • to 0.25% in December from 0.33% in November
  • this 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.



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