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LEI for Australia Inched Up in March
The Conference Board Leading Economic Index® (LEI) for Australia increased by 0.1 percent in March 2024 to 116.5 (2016=100), following another 0.1 percent increase in February (according to revised data). Overall, the LEI grew by 1.3 percent from September 2023 to March 2024, after contracting by 2.2 percent over the previous six months. The Conference Board Coincident Economic Index® (CEI) for Australia grew by 0.3 percent in March 2024 at 115.3 (2016=100), after being unchanged in February. The CEI grew by 0.6 percent from September 2023 to March 2024, after increasing by 0.5 percent over the previous six months. ... (full story)