Aussie leading index up 0.5% in September

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21 November 2016

Aussie leading index up 0.5% in September

The Conference Board Leading Economic Index®(LEI) for Australia increased 0.5 percent in September 2016 to 104.5 (2010=100) and the Conference Board Coincident Economic Index®(CEI) increased 0.1 percent in September 2016 to 110.9 (2010=100). This index is designed to predict the direction of the economy, but it tends to have a muted impact because most of the indicators used in the calculation are released previously.

Gold price rose helped by a weaker dollar

Australia: Conference Board Australia Leading Index, September 0.5%

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