Traffic data send conflicting signals on economic growth
Both Truckometer indexes can’t be right about the state of the economy, ANZ says.
Nevil Gibson Tue, 09 Jul 2019
New data from two economic indicators are sending out conflicting signals on recent activity and the future.
ANZ’s Truckometer indexes both fell in June but were higher over the second quarter. The Heavy Traffic Index, which is a reliable guide to existing activity, fell 4.5% from the previous
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