Private Sector Credit data from the Reserve Bank of Australia
+0.3 % m/m
- expected 0.5% m/m, prior 0.6%
+4.5 % y/y
- expected 5.4% y/y, prior 5.4%
More:
Housing credit +0.3% m/m
- prev +0.4%
- and +5.6% y/y
Business credit +0.3 m/m
- prev 0.0% (ie flat)
- +3.2% y/y
The focus is on the building permits data, but the results here are a bit of a miss and should not be disregarded.