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Forecast growth ‘moderates’ to 7.6 percent
The Westpac–Melbourne Institute Leading Index, which forecasts the likely pace of economic activity three to nine months into the future, delivered an annualised growth rate of 7.6 percent for April.
The Westpac–Melbourne Institute Leading Index, which forecasts the likely pace of economic activity three to nine months into the future, delivered an annualised growth rate of 7.6 percent for April.
Westpac–Melbourne Institute’s Consumer Sentiment Index slumped a further 5.7 percent in June after falling 7 percent in May, with interest rate pressure starting to mount on consumer’s confidence.
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