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LEI for Australia Increased in November
The Conference Board Leading Economic Index® (LEI) for Australia, increased by 0.2 percent in November 2023 to 114.2 (2016=100), partially reversing a decline of 0.3 percent in October. Despite the most recent improvement, the LEI fell by 1.8 percent between May and November 2023, a smaller rate of decline than the contraction of 3.2 percent over the previous six-month period, from November 2022 to May 2023. The Conference Board Coincident Economic Index® (CEI) for Australia increased by 0.4 percent in November 2023 to 115.6 (2016=100), after rising by 0.2 percent in October. The CEI grew by 1.0 percent in the ... (full story)