Australia Private Sector Credit for February +0.4% m/m (expected 0.3%)

Data from the RBA,

Private Sector Credit for February

• +0.4% m/m vs. expected 0.3%, prior 0.3%
• +2.8% y/y vs. expected 2.6%, prior 2.5%

That +0.9% m/m for business credit is encouraging, but of course this was before the crisis hit.

more to come