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28.02.2022 01:42:30
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Australia Private Sector Credit Jumps 7.6% On Year In January
(RTTNews) - Private sector credit in Australia was up 7.6 percent on year in January, the Reserve Bank of Australia said on Monday - accelerating from 7.2 percent in December.
On a monthly basis, private sector credit rose 0.6 percent, easing from 0.8 percent a month earlier.
Housing credit was up 0.7 percent on month and 7.7 percent on year, while personal credit fell 0.8 percent on month and 3.8 percent on year and business credit gained 0.6 percent on month and 9.0 percent on year.
Broad money was up 0.2 percent on month and 8.9 percent on year.
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