Latest leading index report: GDP growth near-2% in 2019

22 May 2019

 

Westpac and the Melbourne Institute describe their Leading Index as a composite measure which attempts to estimate the likely pace of Australian economic activity relative to trend over the next three to six months. Since its peak in early 2018, the index had progressively headed lower through 2018 and into 2019. The latest figures have not deteriorated any further but they indicate GDP is likely to remain below trend in...

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