A leading economic index for Australia turned barely higher again in September, Westpac Bank said on Wednesday as its index gained 0.1 percent for the month.
That follows the 0.3 percent contraction in August.
As a result, economists at Westpac suggest that the Australian economy will continue to grow below trend.
The bank now expected economic growth of 2.75 percent in the next year – down from original expectations for an increase of 3.0 percent.
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