Westpac Leading Index growth rate picks up steam

Westpac Chief Economist, Bill Evans, commented, “The annualised growth rate of the Westpac–Melbourne Institute Leading Index, which indicates the likely pace of economic activity three to nine months into the future, was 4.1% in September 2012, above its long term trend of 2.8%. The annualised gr…

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Westpac Leading Index growth rate picks up steam