Australia private sector credit for February: 0.3% m/m (expected 0.2%)

Private sector lending data from Oz in February

+0.3% m/m

• expected 0.2% m/m, prior 0.2%

+4.2% y/y

• expected 4.2% y/y, prior 4.3%

Housing credit up 0.3% m/m (January was +0.2%) and +4.2% y/y

• business credit +0.3% m/m (January was +0.3% also) and +5.3% y/y

mtc more to come