Tom Hanna's Lifestream

The Leading Index for Australia dropped for the second month in a row in October, down 0.5% after a 0.3% September decline. The Coincident Index increased 0.2%, after no change in September. Four of the seven leading indicators improved, so there are still some positive fundamentals. Australian Economic Indicators At a Glance

Leading Index: Down 0.5% Coincident Index: Up 0.2% Improved Leading Indicators: 4 Worsened Leading Indicators: 3 Unchanged Leading Indicators: 0 Improved Coincident Indicators: 2 Worsened Coincident Indicators: 2

Technorati Tags: Australian economy, Australian economic indicators, Australia, Leading Index (more…)

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