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Australia MI Leading Index MoM
Latest Release
Apr 17, 2024
Actual-0.1%
Previous0.1%
The Westpac/Melbourne Institute (MI) Leading Index is a composite index based on nine economic indicators, which is designed to predict the direction of the economy.The data is compiled from economic indicators related to consumer confidence, housing, stock market prices, money supply, and interest rate spreads. The report tends to have a muted impact because most of the indicators used in the calculation are released previously.
A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Apr 17, 2024 (Mar) | 02:00 | -0.1% | 0.1% | ||
| Mar 27, 2024 (Feb) | 01:00 | 0.1% | -0.1% | ||
| Mar 27, 2024 | 00:30 | 0.1% | -0.1% | ||
| Feb 21, 2024 (Jan) | 01:00 | -0.1% | 0.0% | ||
| Feb 21, 2024 | 00:30 | -0.1% | 0.0% | ||
| Jan 24, 2024 | 00:30 | 0.0% | 0.1% |
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By Investing.com - Sep 20, 2023
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MI Leading Index (MoM) Discussion
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