Australia, private sector credit for February: 0.3% m/m (expected +0.5%)

Private sector credit, February

+0.3% m/m, missing on estimates

• expected +0.5%, prior 0.2%

And +5.0% y/y

• expected 5.3%, prior 5.4%

mmmm computer crash ... grrr ... this from the Reserve Bank of Australia release:

Slow business credit is not a positive

           

    
Australia, private sector credit for February: 0.3% m/m (expected +0.5%)
Australia, private sector credit for February: 0.3% m/m (expected +0.5%)
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