10262020Mon
Last updateMon, 26 Oct 2020 11am
>>

The Conference Board Leading Economic Index® (LEI) for Australia Decreased in August 2014

The Conference Board Leading Economic Index® (LEI) for Australia decreased 0.2 percent in August to 128.9 (2004 = 100), following a 0.6 percent increase in July, and a 0.2 percent increase in June.

At the same time, The Conference Board Coincident Economic Index® (CEI) for Australia, a measure of current economic activity, increased 0.2 percent in August to 125.3 (2004 = 100), following a 0.1 percent increase in July, and a 0.1 percent increase in June.

The Conference Board LEI for Australia decreased in August, for the fourth time this year, and as a result, its six-month growth rate has declined slightly into negative territory this month. Meanwhile, the six-month growth rate of the CEI for Australia has moderated in recent months, and is lower compared to six months ago. Taken together, the recent behavior of the composite indexes suggests that economic expansion should continue, but with the risk of slower pace in the near term.

www.conference-board.org

 

comments

Related articles

  • Latest Post

  • Most Read

  • Twitter

Who's Online

We have 2185 guests and one member online

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.