Leading Indicators OECD: Component Series: Share Prices: Normalised for Australia
AUSLOCOSPNOSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.58
Year-over-Year Change
-0.17%
Date Range
1/1/1970 - 12/1/2023
Summary
The Leading Indicators OECD: Component Series: Share Prices: Normalised for Australia tracks share price changes in Australia, a leading indicator of economic performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This metric is a component of the OECD's Composite Leading Indicator (CLI) for Australia, which is designed to provide early signals of turning points in economic activity. Share prices are a forward-looking variable that reflects investor sentiment and can anticipate broader economic trends.
Methodology
The data is collected and calculated by the OECD based on share price indices.
Historical Context
This share price trend is used by policymakers, economists, and market analysts to assess the state of the Australian economy.
Key Facts
- The series is indexed to 100 for the base year.
- Share prices are a forward-looking component of the OECD's Composite Leading Indicator.
- The data is released monthly by the OECD.
FAQs
Q: What does this economic trend measure?
A: This trend tracks changes in share prices in Australia, which is a component of the OECD's Composite Leading Indicator for the country.
Q: Why is this trend relevant for users or analysts?
A: Share prices are a forward-looking economic indicator that can signal turning points in the broader economy, making this trend valuable for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD based on share price indices.
Q: How is this trend used in economic policy?
A: This share price trend is used by policymakers, economists, and market analysts to assess the state of the Australian economy and anticipate future economic conditions.
Q: Are there update delays or limitations?
A: The data is released monthly by the OECD, with no known update delays or limitations.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Component Series: Share Prices: Normalised for Australia (AUSLOCOSPNOSTSAM), retrieved from FRED.