The data comes from the Reserve Bank of Australia.

0.7% m/m

  • expected 0.8%, prior 0.8%

9.4% y/y

  • prior 9.3%

Overview summary:

private credit Australia 31 October 2022

Business and housing credit still evident. Business credit growing at the strongest pace of the two.

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Data also out for final retail sales in September 0.6% m/m (prior 0.6%)