Australia Leading Economic Index  1960-2017 | Data | Chart | Calendar

The Westpac-Melbourne Institute Leading Economic Index in Australia edged up by 0.1 percent month-on-month in October of 2017, compared to a 0.1 percent rise in the prior month. Meanwhile, the six-month annualized growth rate in the index, which indicates the likely pace of economic activity three to nine months into the future, climbed to +0.44 percent in October from -0.02 percent in September. “While having recovered, at least temporarily, from the slow patch in June – September, the growth rate in the Index is still below its level six months ago in May,” Westpac’s Chief Economist, Bill Evans said. Leading Economic Index in Australia averaged 0 percent from 1960 until 2017, reaching an all time high of 0.54 percent in April of 1975 and a record low of -1.08 percent in December of 2008.

Australia Leading Economic Index
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Calendar GMT Actual Previous Consensus TEForecast
2017-09-20 12:30 AM Westpac Leading Index MoM -0.1% 0.1% 0.1%
2017-10-17 11:30 PM Westpac Leading Index MoM 0.1% -0.1% 0.1%
2017-11-21 11:30 PM Westpac Leading Index MoM 0.1% 0.1% 0.1%
2017-12-19 11:30 PM Westpac Leading Index MoM 0.1%
2018-01-24 11:30 PM Westpac Leading Index MoM
2018-02-21 11:30 PM Westpac Leading Index MoM


Australia Business Last Previous Highest Lowest Unit
Business Confidence 6.00 8.00 20.00 -30.00 [+]
Services PMI 51.70 51.40 57.70 39.00 Index Points [+]
Manufacturing PMI 57.30 51.10 62.13 30.86 [+]
Industrial Production 0.70 -0.50 12.40 -7.80 percent [+]
Industrial Production Mom 0.80 0.30 5.10 -7.00 percent [+]
Manufacturing Production -0.40 -2.00 8.70 -11.80 percent [+]
Capacity Utilization 81.73 81.92 84.67 78.24 percent [+]
New Orders 38.00 39.00 47.00 -37.00 [+]
Changes in Inventories 506.00 -273.00 4102.00 -3759.00 AUD Million [+]
Bankruptcies 606.00 627.00 1123.00 217.00 Companies [+]
Corporate Profits 79233.00 79405.00 82147.00 12032.00 AUD Million [+]
Total Vehicle Sales 98922.00 98919.00 101882.00 48099.00 [+]
Car Production 1825.00 10499.00 39306.00 1825.00 Units [+]
Car Registrations 14078.61 13815.11 14078.61 3990.94 Thousand [+]
Leading Economic Index 0.13 0.14 0.54 -1.08 percent [+]
Small Business Sentiment 7.65 -2.81 18.71 -21.10 [+]
Internet Speed 11063.10 10098.33 11063.10 1922.87 KBps [+]
IP Addresses 9859878.00 9310525.00 13859005.00 5227461.00 IP [+]
Private Investment 1.00 1.10 15.60 -8.10 percent [+]
Mining Production 2.90 1.40 25.40 -16.80 percent [+]
Steel Production 440.00 427.34 819.00 238.00 Thousand Tonnes [+]
Competitiveness Index 5.19 5.19 5.20 5.08 Points [+]
Competitiveness Rank 21.00 22.00 22.00 15.00 [+]
Business Inventories 0.20 -0.50 2.80 -2.80 percent [+]
Corruption Index 79.00 79.00 88.60 79.00 Points [+]
Corruption Rank 13.00 13.00 13.00 7.00 [+]
Ease of Doing Business 14.00 15.00 15.00 9.00 [+]


Australia Leading Economic Index

The Westpac-Melbourne Institute Leading Index of Economic Activity combines a selection of economic variables that typically lead fluctuations in economic activity into a single measure that provides a reliable cyclical indicator for the Australian economy. The index includes the following components: S&P/ASX 200, dwelling approvals, US industrial production, RBA Commodity Prices Index (A$), aggregate monthly hours worked, Westpac-MI CSI expectations index, Westpac-MI Unemployment expectations index, yield spread (10Y bond – 90D bill). The index has a base value of 100 as of 1996. This page provides the latest reported value for - Australia Leading Economic Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Leading Economic Index - actual data, historical chart and calendar of releases - was last updated on December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.13 0.14 0.54 -1.08 1960 - 2017 percent Monthly
1996=100




leading economic index by Country
Country Last
Australia 0.13 Oct/17
Brazil 0.40 Sep/17
Canada 0.20 Sep/17
China 0.00 Sep/17
Japan 106.10 Oct/17
Mexico 0.50 Sep/17
Russia 1.00 Oct/17
South Korea 133.30 Oct/17
Turkey 5.29 Oct/17
United States 183.53 Oct/17