Private Sector Credit for June: +0.6% m/m for a beat
– Expected +0.4% m/m, prior +0.4%
+5.4 % y/y for a beat
– & +5.2% y/y, prior +5%
Housing credit +0.5% m/m, down a touch on the prior perhaps reflecting tightening macro-pru policies. Up 6.6% y/y