The Conference Board's Leading Index for Australia rose in May by 0.3 percent, the Board reported Wednesday.
The Board's Coincident Index also rose 0.3 percent.
The April increase for the Leading Index was its fourth straight monthly rise. The Board said the biggest positive contributions came from the money supply and stock price categories.
All four components of the Coincident Index rose in April.
The Board noted that the Leading Economic Index has risen 0.7 percent in the last six months, for an annual rate of 1.5 percent, compared to an annualized rate of minus-0.8 percent for the previous six month period.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.