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Australian Leading Index fell for second month

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

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The Leading Index for Australia Declined 0.5 Percent
Dec. 22, 2008


Post a comment — Trackback URI RSS 2.0 feed for these comments This entry (permalink) was posted on Tuesday, December 23, 2008, at 3:13 am by Administrator and categorized in Economy.

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