The Australian economy slowed in December, the latest survey from Westpac Bank revealed on Wednesday as its leading economic index fell 0.3 percent to continue suggesting below-trend growth.
That follows the upwardly revised 0.2 percent decline in November (originally -0.3 percent).
Over the last six months, the index has slowed from 0.43 percent below trend to 1.03 percent now below trend now.
Among the individual components of the survey, dwelling approvals, yield spread and commodity prices were down, while monthly hours worked showed improvement.
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