- Australia’s leading economic index rises 0.3% in July
Market news
23 September 2015
Australia’s leading economic index rises 0.3% in July
The Conference Board released its leading economic index for Australia on Wednesday. The index rose 0.3% in July, after a 0.3% fall in June. June's figure was revised down from a 0.2% decline. It was the first increase in for months.
The coincident index increased 0.2% in July, after a 0.1% gain in June. June's figure was revised down from a 0.2% rise.
The index indicates the economy should continue to grow.
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