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Australia Leading Index Continues To Signal Weak Growth

Por: RTTNews Business February 22, 2023

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Australia's leading index remained stuck in the negative territory for the sixth successive month in January amid headwinds from global factors, monetary policy and weaker labor work hours, survey results from Westpac showed Wednesday.The six-month annualized growth rate in the Westpac-Melbourne Institute Leading Index was largely unchanged in January, rising marginally to -1.04 percent from -1.09 percent in December.Consequently, the... + full article



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