Australia – Conference Board Leading Index for June: +0.4% m/m (prior was +0.2%) via ForexLive

Conference Board Leading Index for June,

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Conference Board Leading Economic Index for Australia increased 0.4%, now stands at 130.2

six of the seven leading components making a positive contribution
The positive contributors to the index — in order from the largest positive contributor to the smallest — are the sales to inventories ratio, the yield spread, rural goods exports, building approvals, money supply, and gross operating surplus
Share prices declined in June.
With this month's increase, the six-month growth rate in the leading economic index between December 2013 to June 2014 stands at 1.5 percent (about a 3.0 percent annual rate), down from 2.6 percent (about a 5.4 percent annual rate) for the previous six months
However the strengths among the leading indicators have continued to outweigh the weaknesses, over the past six months
Taken together, the recent behavior of the composite indexes suggests that economic expansion is not likely to accelerate in the near term

Coincident Economic Index increased 0.2% to 125.2

Grew 1.3 percent (about a 2.6 percent annual rate) in the six-month period through June 2014, up from 0.7 percent (about a 1.5 percent annual rate) in the previous six months
Meanwhile, real GDP increased at a 4.5 percent annual rate in the first quarter of 2014, up from 3.2 percent (annual rate) in the fourth quarter of 2013
Three of the four components that make up The Conference Board CEI for Australia increased in June
The increases – in order from the largest positive contributor to the smallest – occurred in household gross disposable income, employed persons and industrial production. Retail trade declined in June