Australia Private sector credit for August
+0.6% m/m
– expected +0.5%
– prior was +0.6%
+6.3% y/y
– expected +6.2%
– prior was +6.1%
–
– Housing credit +0.6% m/m (prior +0.6% also) and +6.3% y/y (prior +5.1%)
The y/y gain for business credit is a positive for the economy, though it did slow a little on the m/m
Australia data-Private sector credit for August: +0.6% m/m (expected +0.5%)
