Private sector credit in Australia rises 0.5% in December

Market news

29 January 2016

Private sector credit in Australia rises 0.5% in December

The Reserve Bank of Australia (RBA) released its private sector credit data on Friday. The total value of private sector credit in Australia rose 0.5% in December, missing expectations for a 0.6% gain, after a 0.4% increase in November.

Housing credit increased 0.5% in December, personal credit was flat, while business credit rose 0.5%.

On a yearly basis, the private sector credit in Australia jumped 6.6% in December, after a 6.6% in November.

U.S.: Reuters/Michigan Consumer Sentiment Index, January 92 (forecast 93)

U.S.: Chicago Purchasing Managers' Index , January 55.6 (forecast 45)

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