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Westpac-Melbourne Institute Leading index

Westpac-Melbourne Institute Leading index

Posted by Trader On January - 30 - 2009













Weight-average index is calculated on the basis of totality of outstripped indicators. Its aim is to forecast the state of economy.
The outstripped indicators include: the index of factory orders, applications for unemployment benefits, money supply index, average workweek, building permission, the price for principal stocks, orders for durable goods and consumer confidence index.

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