Australia Leading Economic Index  1960-2018 | Data | Chart | Calendar

The Westpac-Melbourne Institute Leading Economic Index in Australia fell 0.2 percent month-on-month in January of 2018, pointing to the first contraction in economic activity in five months and the sharpest since December of 2015. Meanwhile, the six month annualized growth rate which indicates the likely pace of economic activity relative to trend three to nine months into the future, fell to 0.73 percent from 1.39 percent. Westpac’s Chief Economist, Bill Evans, commented that most of the volatility in the Index over the last two months can be explained by dwelling approvals. Nevertheless, the Index is still registering a comfortably above trend reading and, following the solid results in October and November, points to above trend growth in the early part of 2018. Leading Economic Index in Australia averaged 0 percent from 1960 until 2018, 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
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Calendar GMT Actual Previous Consensus TEForecast
2017-12-19 11:30 PM Westpac Leading Index MoM 0.1% 0.1% 0.1%
2018-01-24 12:00 AM Westpac Leading Index MoM 0.3% 0.1% 0.2%
2018-02-21 12:30 AM Westpac Leading Index MoM -0.2% 0.2% -0.2% 0.1%
2018-03-21 11:30 PM Westpac Leading Index MoM -0.2%
2018-04-19 12:30 AM Westpac Leading Index MoM
2018-05-24 12:30 AM Westpac Leading Index MoM


Australia Business Last Previous Highest Lowest Unit
Business Confidence 12.00 10.00 21.00 -30.00 Index Points [+]
Services PMI 54.90 52.00 57.70 39.00 Index Points [+]
Manufacturing PMI 58.70 56.20 62.13 30.86 [+]
Industrial Production 3.60 1.20 12.00 -7.70 percent [+]
Industrial Production Mom 1.40 1.50 5.10 -6.90 percent [+]
Manufacturing Production 2.40 0.10 8.60 -11.80 percent [+]
Capacity Utilization 82.67 82.23 84.67 78.24 percent [+]
New Orders 33.00 38.00 47.00 -37.00 Index Points [+]
Changes in Inventories 506.00 -273.00 4102.00 -3759.00 AUD Million [+]
Bankruptcies 534.00 669.00 1123.00 217.00 Companies [+]
Corporate Profits 79233.00 79405.00 82147.00 12032.00 AUD Million [+]
Total Vehicle Sales 103743.00 99256.00 103743.00 48099.00 [+]
Car Production 1.00 1825.00 39306.00 1.00 Units [+]
Car Registrations 14078.61 13815.11 14078.61 3990.94 Thousand [+]
Leading Economic Index -0.25 0.21 0.54 -1.08 percent [+]
Small Business Sentiment 3.36 7.65 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 5.90 5.50 25.60 -16.90 percent [+]
Steel Production 471.82 482.36 819.00 238.00 Thousand Tonnes [+]
Competitiveness Index 5.19 5.19 5.20 5.08 Points [+]
Competitiveness Rank 21.00 22.00 22.00 15.00 [+]
Composite Pmi 54.20 55.50 58.30 53.10 Index Points [+]
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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-0.25 0.21 0.54 -1.08 1960 - 2018 percent Monthly
1996=100




leading economic index by Country
Country Last
Australia -0.25 Jan/18
Brazil 1.41 Dec/17
Canada 0.40 Nov/17
China 100.53 Dec/17
Japan 107.90 Dec/17
Mexico 1.10 Dec/17
Russia -0.30 Nov/17
South Korea 134.10 Dec/17
Turkey 4.42 Jan/18
United States 184.16 Dec/17


Related

Latest