Australia's leading index rises above trend in October

Note: This section contains information in English only.
Source: RTT News
A leading index of economic activity in Australia continued to increase in October with the pace of growth exceeding previous trend suggesting that the country's economy may improve, a report published by the Westpac and the Melbourne Institute showed on Wednesday. The Westpac-MI leading Index advanced 1.2% in October from a level of 0.6% recorded in September.

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