June Australian private sector credit figures mixed

31 July 2015

 

Total private sector credit rose 0.4% for the month of June and 5.9% for the year. The monthly figure is down on the 0.5% expected and is a drop from the 0.5% recorded for May. However, the annual figure is higher than the 12 month figure to June 2014 , only slightly lower than the 6% expected and is the strongest monthly result since the GFC.

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