Australian Westpac Leading Index for April 2025 headline is unchanged m/m. But taken to two decimals its -0.01% m/m.
WPAC on the data:
The six-month annualised growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, slowed to 0.2% in April from 0.5% in March.
- Uncertainty drag continues as commodity price tailwind subsides.
- Economy tracking towards sub-par growth result for 2025.
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Meanwhile, the USD is slipping a little, EUR, AUD, NZD, GBP, CAD all higher.
Since the post is Oz data, AUD/USD update:
This article was written by Eamonn Sheridan at www.forexlive.com.
