Australian Private Sector Credit for April +0.6% m/m (prior +0.3%)

Via the Reserve Bank of Australia, the credit data for April.

The m/m credit numbers are up across the board from March. The y/y is still slow though.

Earlier from Australia/China:

• Australian CPI for April 6.8% y/y (expected 6.4%)
• China Official May PMIs: Manufacturing 48.8 (expected 51.4) Services 54.5 (expected 54.9)

• Australia data: Q1 Construction Work done +1.8% (expected +0.5%)