A leading economic index for the Australian economy showed slight improvement in November, the Conference Board said on Thursday, adding 0.1 percent.
That follows the 0.2 percent decline in October. Rural goods exports and building approvals provided the largest positive contributions.
The coincident index climbed 0.5 percent following the 0.2 percent gain in the previous month.
Taken together, the recent behavior of the indexes suggests that the economic expansion should continue in the near term, but the pace is unlikely to pick up much in early 2015, the board said.
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