australian economy grows in line with trend
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

Australian economy grows in line with trend

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleAustralian economy grows in line with trend

Sydney - Xinhua

The Australian economy is growing at an annual pace close to the projected long-term trend, according to a survey released on Wednesday by Westpac Banking Corporation and the Melbourne Institute. The annualized growth rate of the WestpacMelbourne Institute Leading Index, which indicates the likely pace of economic activity three to nine months into the future, was 3.3 percent in September, basically in line with its long term trend of 3.2 percent, Westpac said. Westpac chief economist Bill Evans said the growth rate in the Index slowed from the 4.5 percent in August and was close to its long term trend. \"It appears that the boost to above trend growth we saw in July and August has now faded and the \"around trend\" story which has been generally the case since the beginning of 2011 is now appropriate,\" he said in a statement on Wednesday. Evans said recent official national accounts data had imposed a degree of volatility on the index. \"Accordingly it is too early to embrace the current signal from the leading index that growth will surge above trend in early 2012, \" Evans said.

themuslimchronicle
themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

australian economy grows in line with trend australian economy grows in line with trend

 



Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

GMT 08:32 2011 Monday ,25 July

Sabri accuses Yusri in Souad Hosni’s murder

GMT 12:07 2014 Monday ,03 February

Home design ideas

GMT 11:20 2017 Thursday ,02 March

Mexico central bank cuts growth outlook over Trump

GMT 08:31 2017 Tuesday ,28 November

Bangladesh upholds death sentence for 139 soldiers

GMT 14:33 2017 Thursday ,20 April

US defense secretary vows support for Egypt's Sisi

GMT 16:12 2017 Wednesday ,20 December

Myanmar bars UN rights investigator just before visit

GMT 08:21 2017 Wednesday ,30 August

United Technologies near deal to buy Rockwell Collins

GMT 18:27 2017 Friday ,21 April

ARCO condemns targeting of ERC convoy in Somalia
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle