Latest data released by the BOE - 31 August 2021
- Prior 81.3k
- Consumer credit -£0.04 billion
- Prior £0.3 billion
Slight delay in the release by the source. After the stamp duty expiration, mortgage activity is seen moderating slightly with net lending falling by £1.4 billion in July.
Consumer credit growth is seen at -2.7% y/y, still reflecting more tepid conditions that are slowly and gradually working its way back to pre-pandemic levels.
