Westpac Economic Update: 17 October 2014

Westpac Economist Elliot Clarke comments on this week’s declining trends in NAB’s Business Survey for September, as well as the positive outcomes from the Westpac Melbourne Institute Consumer Sentiment survey. While overseas he notes there’s increasing volatility as we approach the end of the tapering program in the US. Next week sees the release of the all-important CPI data for the September quarter.

You can find more weekly economic updates from Bill Evans and his team on the Westpac website. Their forecasts are available every Friday at lunchtime, Sydney time.