Private Sector Credit for September

0.1 % m/m

  • expected 0.1% m/m, prior 0.0%

2.0 % y/y

  • expected 2.0% y/y, prior 2.2%

Australia credit

A m/m rise for housing credit (biggest rise in more than 2 years) and drops for business and personal. What could possibly go wrong?

Also out at the same time, PPI for Q3

  • +0.4% q/q (prior -1.2%)
  • -0.4% y/y (prior -0.4%)

Aud little moved.