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LEI for Australia Unchanged in June
The Conference Board Leading Economic Index® (LEI) for Australia, remained unchanged in June 2023 at 118.5 (2016=100), after also remaining at the same level in May. The LEI fell by 1.2 percent from December 2022 to June 2023, an accelerated rate of decline from the contraction of 0.2 percent over the previous six-month period between June and December 2022. The Conference Board Coincident Economic Index® (CEI) for Australia increased by 0.2 percent in June 2023 to 114.4 (2016=100), after increasing by 0.3 percent in May. The CEI grew by 0.9 percent in the six-month period from December 2022 to June 2023, a ... (full story)