Australia Leading Index Turns Higher In April
2015-05-27A leading index for the Australian economy moved higher in April, the latest survey from Westpac Bank and the Melbourne Institute showed on Wednesday - rising 0.11 percent on month to a score of 98.17.
The six-month annualized deviation from trend growth climbed from -0.02 percent in March to +0.43 percent in April.
"The Australian economy has regained some momentum although the growth pulse is still not particularly strong," Westpac said in a statement accompanying the data.
Source：ET
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