Australia Private Sector Credit +0.5% On Month In August

2024-09-22 2234
(fxcue news) - Total private sector credit in Australia was up 0.5 percent on month in August, the Reserve Bank of Australia said on Monday - matching expectations and unchanged from the previous month. Credit was up 5.7 percent on year in August. Housing credit rose 0.4 percent on month and 5.0 percent on year, while personal credit added 0.1 percent on month and 2.5 percent on year and business credit climbed 0.7 percent on month and 7.7 percent on year. Broad money gained 0.4 percent on month and 5.5 percent on year.
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