Data from the Reserve Bank of Australia
+0.3 % m/m... miss
- expected 0.5% m/m, prior 0.5%
+5.4 % y/y ... miss
- expected 5.6% y/y, prior 5.4%, revised from 5.5%
Housing credit
0.5 % m/m
- prior +0.5% m/m
6.6 % y/y
- prior +6.6%
Business credit
0.1 % m/m
- prior +0.5% m/m
and 4.3 % y/y
- prior 4.5%
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A miss on the headline.
The breakdown (housing credit unchanged, business credit a big fall on the month) won't be encouraging for the Reserve Bank of Australia.
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Next up - due at 0100 GMT, though they sometimes do hit earlier ....