Australia Leading Economic Index

Discussion in 'Market News' started by Sam, Oct 7, 2015.

  1. Sam

    Sam Forum Member

    Sep 1, 2015
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    Leading Economic Index in Australia decreased to 97.49 Index Points in August from 97.75 Index Points in July of 2015. Leading Economic Index in Australia averaged 99.97 Index Points from 1960 until 2015, reaching an all time high of 103.14 Index Points in August of 1973 and a record low of 97.19 Index Points in November of 1982. Leading Economic Index in Australia is reported by the Westpac-Melbourne Institute. The Westpac-Melbourne Institute Leading Index of Economic Activity combines a selection of economic variables that typically lead fluctuations in economic activity into a single measure that provides a reliable cyclical indicator for the Australian economy. The index includes the following components: S&P/ASX 200, dwelling approvals, US industrial production, RBA Commodity Prices Index (A$), aggregate monthly hours worked, Westpac-MI CSI expectations index, Westpac-MI Unemployment expectations index, yield spread (10Y bond – 90D bill). The index has a base value of 100 as of 1996. This page provides the latest reported value for - Australia Leading Economic Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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