Australia Westpac Leading Index "firms but detail suggests gains are fragile"Australia Westpac Leading Index
WPAC comments:
- the six-month annualised growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, lifted to 0.8% in February from 0.6% in January.
- Commodity and currency tailwinds fade as tariff shock starts to impact.
- Domestically oriented components providing solid support.
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: Australia Westpac Leading Index "firms but detail suggests gains are fragile" (https://www.forexlive.com/news/australia-westpac-leading-index-firms-but-detail-suggests-gains-are-fragile-20250319/)