Latest data released by the BOE - 29 November 2021
- Prior 72.6k; revised to 71.9k
- Net consumer credit £0.7 billion
- Prior £0.2 billion; revised to £0.3 billion
Net borrowing of mortgage debt by individuals totaled £1.6 billion in October, the lowest since July 2021 as approvals fell slightly closer towards the 12-month average of 66.7k.
The annual growth of consumer credit remains on the softer side, even if there was a slight improvement to -1.0% in October as compared to -1.7% in September.
