Australia's leading indicator slips in August

Note: This section contains information in English only.
Source: RTT News
An economic activity leading index in Australia decreased in August signaling that the country's economy lost its momentum and this trend may continue, the Westpac and the Melbourne Institute reported on Wednesday. The report showed that Australia's leading index dropped 0.1% from 294.8 recorded in July to a level of 294.5 in the following month.

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