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Australia Leading Index Gains 0.5% In July

Australia's economy continued to expand, the Conference Board's latest leading index revealed on Wednesday - gaining 0.5 percent in July.

That followed the 0.4 percent increase in June.

With the July increase, the six-month growth rate in the leading economic index between January and July stands at 0.2 percent.

The coincident index added 0.1 percent, slowing from the 0.2 percent gain in the previous month.

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