Home
News
默认头像

Australian June leading index - economy improving but to remain below trend into 2025

2024-12-30FOREXLIVEFOREXLIVE
Westpac-Melbourne Institute Leading Index

This data point tends not to be much of an AUD mover upon release.

Westpac-Melbourne Institute Leading Index

  • for June 2024
  • indicates the likely pace of economic activity relative to trend three to nine months into the future
  • rose from -0.28% in May to -0.13% in June

WPAC assessment:

  • Lower commodity prices partially offset by stabilising hours worked.
  • Economic activity improving but to remain below trend in to early 2025
Australian dollar notes 08 May 2024 2

Disclaimers

The article is sourced from Forexlive with the original source credited. The views expressed herein are not affiliated with FXOR; readers are encouraged to approach the content rationally. Copyright belongs to the original author. If unintentional infringement upon media or personal intellectual property rights has occurred, please contact us, and we will promptly remove the content. FXOR merely provides information storage services. The article is compiled and released by FXOR; reprints must indicate the original source.