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The Conference Board Leading Economic Index for Australia
The Conference Board LEI for Australia increased in February for the third consecutive month. Between August 2014 and February 2015, the leading economic index increased 0.6 percent (about a 1.2 percent annual rate), greatly improved from the 1.2 percent decline (about a −2.5 percent annual rate) over the previous six months. Additionally, the strengths among the leading indicators have remained more widespread than the weaknesses in recent months. • The Conference Board CEI for Australia, a measure of current economic activity, also increased in February. The coincident economic index increased 1.5 percent (about ... (full story)