Credit growth has been losing some momentum, that continues:
0.3 % m/m, which is in line with expected but down from October
- expected 0.3%, prior 0.4%
4.4 % y/y
expected 4.4%, prior 4.6%
The details show
- housing credit at +4.9% y/y in November 2018 from +6.4% in November 2017
- the business credit details are +4.2% from +4.4%
This from ANZ prior to today's data release:
---
Feel free to cut and past into the comments;
- Eamonn, no-one GAF
YW ;-)