The Conference Board Leading Economic Index® (LEI) for Australia decreased by 0.3 percent in February 2024 to 115.9 (2016=100), reversing a 0.3 percent increase in January. Overall, the LEI grew still by 0.7 percent from August 2023 to February 2024, a significant improvement after the contraction of 2.6 percent over the previous six months. The Conference Board Coincident Economic Index® (CEI) for Australia remained unchanged in February 2024 at 114.8 (2016=100), after an increase of 0.1 percent in January. The CEI grew by 0.2 percent from August 2023 to February 2024, a much smaller increase than the 1.0 percent ... (full story)