Investing.com - The total amount of new credit issued to consumers and businesses in Australia remained unchanged unexpectedly last month, official data showed on Monday.
In a report, Reserve Bank of Australia said that Australian Private Sector Credit remained unchanged at a seasonally adjusted 0.0%, from 0.1% in the preceding month.
Analysts had expected Australian Private Sector Credit to rise 0.3% last month.
In a report, Reserve Bank of Australia said that Australian Private Sector Credit remained unchanged at a seasonally adjusted 0.0%, from 0.1% in the preceding month.
Analysts had expected Australian Private Sector Credit to rise 0.3% last month.