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LEI for Australia Improved in December
New York, February 15, 2024…The Conference Board Leading Economic Index® (LEI) for Australia, increased by 0.3 percent in December 2023 to 114.4 (2016=100), after being unchanged in November. Despite this improvement, the LEI fell by 1.3 percent in the second half of 2023, a significantly smaller rate of decline than the contraction of 3.0 percent over the first half of the same year. The Conference Board Coincident Economic Index® (CEI) for Australia decreased by 0.2 percent in December 2023 to 115.4 (2016=100), partially reversing a 0.4 percent increase in November. The CEI grew by 0.8 percent in the second ... (full story)