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Truckometer offers GDP growth hope

Slight rise in August counters drop in freight movements.

Nevil Gibson
Tue, 10 Sep 2019

The headlights are flashing but do not yet show danger ahead for continued economic growth.

The ANZ Truckometer for August showed a 0.3% monthly rise in the Light Traffic Index, which is usually a reliable leading indicator of GDP growth.

But annual activity fell, suggesting that annual GDP

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Nevil Gibson
Tue, 10 Sep 2019
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Truckometer offers GDP growth hope
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