Private Sector Credit m/m for August, +0.4%

  • expected +0.6%, prior was +0.4%

Private Sector Credit y/y for August, +5.1%

  • expected +5.2%, prior was +5.1%

  • Investor credit growth 9.2% y/y to August (was +8.9% y/y in July), which is the highest since April of 2008
  • Total housing credit 6.7%, highest since March 2011
  • Business credit growth down for second straight month, at 3.2% y/y