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Articles from Christopher Joye

No surprise: Aussie growth expected to be "above trend"

November 21, 2012 - 12:00 -- Admin

From the usually very dovish Westpac:The annualised growth rate of the Westpac–Melbourne Institute Leading Index, which indicates the likely pace of economic activity three to nine months into the future, was 4.1% in September 2012, above its long term trend of 2.8%...This is the second consecutive month that growth in the Index has been above trend with August and September the only months since August last year that above trend growth rates have been recorded.

No surprise: Aussie growth expected to be "above trend"

November 21, 2012 - 12:00 -- Admin

From the usually very dovish Westpac:The annualised growth rate of the Westpac–Melbourne Institute Leading Index, which indicates the likely pace of economic activity three to nine months into the future, was 4.1% in September 2012, above its long term trend of 2.8%...This is the second consecutive month that growth in the Index has been above trend with August and September the only months since August last year that above trend growth rates have been recorded.

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