Australia’s Westpac Leading Index was unchanged at 0% in July, compared with a revised 0.04% in June in the latest data supplied. The reading indicates growth is expected to remain around its long-term trend over the next three to six months, although the slight decline suggests a modest loss of momentum. An earlier record cited a revised June increase of 0.1%, leaving the precise prior-month figure unresolved. The index has remained near zero for several months, consistent with sluggish but stable growth. Westpac chief economist Bill Evans said it remains consistent with the economy growing at around its potential, while cautioning that the easing momentum warrants attention. The Reserve Bank of Australia will weigh the signal alongside inflation, employment and other economic data when assessing interest rates. A sustained deterioration could increase pressure for a more accommodative policy, but the current reading alone is unlikely to prompt an immediate change.