Australia data - Private Sector Credit for April: +0.3% m/m (expected +0.5%)

Private Sector Credit data from the Reserve Bank of Australia for April

+0.3 % m/m,

• expected 0.5%
• prior was 0.5%

For the y/y +6.1%

• expected 6.3%
• prior was 6.2%

Housing credit +0.5% m/m (+0.6 prior) and +6.0% y/y (+7.2% prior) (Note for housing investment +10.4% y/y)

Business credit flat at 0.0% m/m (+0.2% prior) and +5.0% y/y (+2.8% prior)