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Westpac-Melbourne Institute Leading Index September 2015

Elliot Clarke

Westpac

The six month annualised deviation from trend growth rate in the Westpac-Melbourne Institute Leading Index (which indicates the likely pace of economic activity three to nine months into the future) increased from –1.14% in August to –0.35% in September. This is the fifth consecutive month the index has been below trend. Westpac expects growth in 2016 to be around trend, circa 2.75%. The September Leading Index result suggests that the risks to this forecast are to the downside. (VIEW LINK)


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Elliot Clarke
Elliot Clarke
Senior Economist
Westpac

An Economist based in Sydney Australia with a particular interest in macro-financial analysis of the Australian and global economy. Having spent a number of years with the Reserve Bank of Australia and Westpac Economics, monetary policy, the...

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