Latest data released by the BOE - 1 May 2019

  • Prior 64.3k; revised to 65.3k
  • Net consumer credit £0.5 billion vs £1.0 billion expected
  • Prior £1.1 billion; revised to £1.2 billion
  • Consumer credit growth +6.4% y/y
  • Prior +6.3%

Nothing much to really gather from the report here as consumer credit growth is seen improving slightly relative on a year-on-year basis. That said, credit conditions remain a bit subdued as Brexit continues to take a toll on the UK economy.