Australia Leading Economic Index

The Westpac-Melbourne Institute Leading Economic Index in Australia dropped by 0.1 percent month-over-month in June 2019, the same pace as in the previous month. Meantime, the six-month annualized growth rate, which indicates the likely pace of economic activity relative to trend three to nine months into the future, rose to -0.02 percent in June from -0.47 percent in May. Leading Economic Index in Australia averaged 0 percent from 1960 until 2019, reaching an all time high of 0.54 percent in April of 1975 and a record low of -1.10 percent in December of 2008.

Leading Economic Index in Australia is expected to be 0.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Australia to stand at 0.10 in 12 months time. In the long-term, the Australia Leading Economic Index is projected to trend around 0.20 percent in 2020, according to our econometric models.

1Y 5Y 10Y MAX

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.

Learn More Questions? Contact us Already a Member? Login

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.

API Features Documentation Interested? Click here to contact us

Calendar	GMT		Actual	Previous	TEForecast
2019-04-17	01:30 AM	Westpac Leading Index MoM Mar	0.2%	0%	0%
2019-05-22	12:30 AM	Westpac Leading Index MoM Apr	-0.1%	0.3%	-0.1%
2019-06-19	01:30 AM	Westpac Leading Index MoM May	-0.1%	-0.1%	0.1%
2019-07-17	12:30 AM	Westpac Leading Index MoM Jun	-0.1%	-0.08%	-0.2%
2019-08-21	01:30 AM	Westpac Leading Index MoM Jul		-0.1%	0%
2019-09-18	01:30 AM	Westpac Leading Index MoM Aug
2019-10-16	12:30 AM	Westpac Leading Index MoM Sep			0%

Australia Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	2.00	7.00	21.00	-30.00	Index Points	[+]
Services PMI	52.20	52.50	63.00	32.50	Index Points	[+]
Manufacturing PMI	49.43	52.72	62.50	29.47		[+]
Industrial Production	1.20	3.00	12.60	-7.60	percent	[+]
Industrial Production Mom	0.50	0.30	5.20	-7.10	percent	[+]
Manufacturing Production	-1.30	-0.50	8.60	-11.80	percent	[+]
Capacity Utilization	82.06	80.88	84.62	78.24	percent	[+]
New Orders	36.00	22.00	49.00	-37.00	Index Points	[+]
Changes in Inventories	460.00	1048.00	4159.00	-3848.00	AUD Million	[+]
Bankruptcies	772.00	615.00	1123.00	217.00	Companies	[+]
Corporate Profits	93026.00	91428.00	93026.00	12032.00	AUD Million	[+]
Total Vehicle Sales	117817.00	92561.00	130300.00	48099.00		[+]
Car Registrations	14330.43	14078.57	14330.43	3990.94	Thousand	[+]
Leading Economic Index	-0.10	-0.08	0.54	-1.10	percent	[+]
Small Business Sentiment	-4.92	-1.60	18.55	-21.17		[+]
Internet Speed	11063.10	10098.33	11063.10	1922.87	KBps	[+]
IP Addresses	9859878.00	9310525.00	13859005.00	5227461.00	IP	[+]
Industrial Sentiment	52.00	51.00	57.20	50.90	Index Points	[+]
Private Investment	-1.70	1.30	15.60	-8.60	percent	[+]
Mining Production	3.20	6.80	25.20	-16.90	percent	[+]
Steel Production	493.54	472.14	819.00	238.00	Thousand Tonnes	[+]
Services Sentiment	52.60	51.50	58.40	48.70	Index Points	[+]
Corruption Index	77.00	77.00	88.60	77.00	Points	[+]
Corruption Rank	13.00	13.00	13.00	7.00		[+]
Competitiveness Index	78.85	78.17	78.85	5.08	Points	[+]
Competitiveness Rank	14.00	15.00	22.00	14.00		[+]
Composite Pmi	52.50	51.50	58.30	49.10	Index Points	[+]
Business Inventories	0.70	0.00	2.80	-2.80	percent	[+]
Ease of Doing Business	18.00	14.00	18.00	9.00		[+]

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 July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-0.10	-0.08	0.54	-1.10	1960 - 2019	percent	Monthly	1996=100

Export Data API

Country	Last		Previous	Range
Argentina	0.90	May/19	-0.1	4.6 : -4.1	%
Australia	-0.10	Jun/19	-0.08	0.54 : -1.1	%
Brazil	0.54	May/19	-0.32	3.45 : -3.56	%
Canada	0.30	Apr/19	0.5	1.2 : -1.4	%
Japan	95.20	May/19	95.9	108 : 72.5	Index Points
Mexico	-1.40	Apr/19	1.3	12.6 : -11	%
Russia	0.70	Jun/19	0.1	9.9 : -11.8	%
Singapore	109.30	Mar/19	109	110 : 23.7	Index Points
South Africa	0.70	Apr/19	-0.7	4.7 : -3.7	%
South Korea	114.40	May/19	114	114 : 4.4	Index Points
Turkey	1.73	May/19	1.4	12.75 : -7.01	%
United Kingdom	0.30	May/19	0.4	1.9 : -2.1	%
United States	127.88	May/19	128	128 : 46.91	Index Points