- Prior 65.97k
- Net consumer credit £0.8 billion vs £1.3 billion expected
- Prior £1.4 billion
Net borrowing of mortgage debt by UK individuals increased to £7.4 billion in May, up from £4.2 billion in April (and above the pre-pandemic average of £4.3 billion in the 12 months up to February 2020). Annual growth for consumer credit was unchanged at 5.7% in May, which remains the highest since February 2020.
