Australia - Conference Board Leading index (June) -0.2% (prior +0.2%)

Conference Board Leading index (June) for Australia, down 0.2% (up 0.2% prior month)

• Large negative contributions from share prices and building approvals were the primary drivers of the decline
• Between December 2014 and June 2015, the leading economic index increased 0.9 percent (about a 1.7 percent annual rate)
• The strengths among the leading indicators have remained more widespread than the weaknesses in recent months.

Coincident Index:

• +1.1% in June (About a 2.2% annual rate) in the six-month period ending June 2015, down slightly from 1.2 percent (about a 2.5 percent annual rate) over the previous six months