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Tends not to be a mover of AUD spot upon release.
The six-month annualised growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to the trend three to nine months into the future, eased from 3.31% in March to 2.85% in April.
Search Web: Australia – Westpac leading indicator for April +0.2% m/m (prior +0.45%, revised up from +0.38%)
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