HomeBlogAplenty Icon PublicationAustralian Leading Index first clear ‘above-trend’ result since November 2023

Australian Leading Index first clear ‘above-trend’ result since November 2023

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Nov 20, 2024

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Westpac Leading Index, in brief:

Leading Index has moved into positive territory, from –0.20% in September to +0.26% in October.
This provides a tentative signal that growth momentum is set to improve from its current nadir.
Improvements mostly centred on components related to consumer sentiment and commodity prices.

This article was written by Eamonn Sheridan at www.forexlive.com.

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