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Australian Private Sector Credit 0.5% vs. 0.6% forecast

Published 01/28/2016, 07:30 PM
Australian Private Sector Credit 0.5% vs. 0.6% forecast
Investing.com - The total amount of new credit issued to consumers and businesses in Australia rose less-than-expected last month, official data showed on Friday.

In a report, Reserve Bank of Australia said that Australian Private Sector Credit rose to a seasonally adjusted 0.5%, from 0.4% in the preceding month.

Analysts had expected Australian Private Sector Credit to rise 0.6% last month.

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