Westpac Leading index for February, -0.15% m/m
– The previous is revised up to +0.12% (from -0.04%)
Comments from WPAC on the result (bolding mine):
– 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, rose from -0.99% in January to -0.82% in February.