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Westpac-Melbourne Institute Leading Index

The weighted average calculated by the combination of leading indicators to predict the state of the economy. Leading indicators include figures of production orders, applications for unemployment benefits, rates of money supply, average workweek, building permits, the price of the underlying stocks, orders for durable goods, consumer confidence index.

  • Release Frequency: monthly.
  • Source: Westpac-Melbourne Institute Survey of Consumer Sentiment.