Australian Main Index first clear ‘above-trend’ consequence since November 2023

Westpac Main Index, in short:

• Main Index has moved into constructive territory, from –zero.20% in September to +zero.26% in October.
• This supplies a tentative sign that development momentum is about to enhance from its present nadir.
• Enhancements principally centred on elements associated to shopper sentiment and commodity costs.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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