UK August Mortgage approvals 52,410 vs 49,644 in July

Author: Pete Jackson | Category: Central Banks

Slightly better than forecast and highest since Dec 2009

  • August net consumer credit  +£0.5 bln  vs +£0.3 bln in July (expected +£0.2bln)
  • August  mortgage lending +£0.6 bln vs +£0.7bln in July
  • August M4 growth  -0.2%m/m, -0.6% y/y

GBP/USD  gets a boost to 1.5702 on the release before falling back to 1.5685


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