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Australian data - June Private Sector Credit +0.2% m/m (expected 0.4%, prior 0.4%)

Australian data - June Private Sector Credit +0.2% m/m (expected 0.4%, prior 0.4%)

Central Banks
Eamonn Sheridan
31/07/2023 | 01:36 GMT

Data comes from the Reserve Bank of Australia:

rba credit data june 2023

The headline missed estimates and came in below May. The break up is not impressive either, declines for housing and business credit. RBA rate hike cycle impacting.

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