Australia – Leading index for September from Westpac reads up 0.1% m/m
– prior was -0.3% m/m
Westpac report:
– The six month annualised deviation from trend growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity three to nine months into the future, increased from -1.14% in August to -0.35% in September.
WPAC expect: