• The prior result was revised up to +0.7% from +0.6%

As I said in the preview, this release is unlikely to have much of an impact on the AUD.

AUD/USD orders for today are here:

Added:

From Bill Evans, Westpac economist:

  • The annualised growth rate of the Westpac Melbourne Institute Leading Index, which indicates the likely pace of economic activity three to nine months into the future, was 4.9% in May, above its long term trend of 3.0%.
  • The annualised growth rate of the Coincident Index, which gives a pulse of current activity, was 2.7%, slightly below its long term trend of 2.9%.