Private Sector Credit data from the Reserve Bank of Australia

0.5 % m/m ... in line

  • expected 0.5% m/m, prior 0.6%

5.3 % y/y .... miss

  • expected 5.4% y/y, prior 5.4%

More:

Housing credit +0.5% m/m, steady on the month despite the tightening of macro-prudential (lending) polices

  • prior +0.5%

and +6.6% y/y

  • prior also 6.6%

Business credit

+0.5% m/m

  • down from +0.8% last month

+6.3 y/y

  • prior +4.2%