- Australia’s leading economic index rises 0.5% in February
Market news
28 April 2015
Australia’s leading economic index rises 0.5% in February
The Conference Board released its leading economic index for Australia on Tuesday. The leading economic index rose 0.5% in February, after a 0.4% gain in January.
It was the third consecutive rise.
The increase was driven by rural goods exports, money supply, share prices, gross operating surplus and the yield spread.
Five of the seven components gained in February.
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