Westpac-MI Leading Index holds slips but still points to above trend growth

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 3.9% in March, comfortably above its long term trend of 2.8%. The annualised growth rate of the Coincident Index, which gi…

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Westpac-MI Leading Index holds slips but still points to above trend growth