30-Sep-2010 9:06 AM

Australia's economic expansion to continue in near term: The Conference Board

Australia's Leading Economic Index (LEI) increased (28-Sep-2010) again in Jul-2010 by 0.8%, and the Coincident Economic Index (CEI) increased 0.2%, according to The Conference Board, which added that "taken together, the current behaviour of the composite indexes suggests that economic expansion will continue in the near term". [more]