Australia Westpac Leading Index "firms but detail suggests gains are fragile"

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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"