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Australia MI Leading Index MoM

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Australia MI Leading Index MoM

Frequency

Delivery Method

Website popup

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Status

 
Latest Release
Feb 16, 2021
Actual
0.3%
Previous
0.1%
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.
Importance:
Country:
Currency: AUD
Source: Australian Industry Group
Australia MI Leading Index MoM
 
Release Date Time Actual Forecast Previous
Feb 17, 2021 00:30 0.3%   0.1%
Jan 27, 2021 00:30 0.1%   0.7%
Dec 16, 2020 00:30 0.5%   0.3%
Nov 18, 2020 00:30 0.1%   0.2%
Oct 21, 2020 01:30 0.2%   0.5%
Sep 16, 2020 01:30 0.5%   0.1%

MI Leading Index (MoM) Discussion

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