The level of the Westpac – Melbourne Institute leading index of economic activity increased 1.7 points (0.6 per cent) in November (see Table 1). The annualised growth rate of the leading index rose 0.8 points to 3.9 per cent, and is now 1.1 percentage points above its longer term trend. The leve…
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Westpac – Melbourne Institute Indexes of Economic Activity
