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Australian Private Sector Credit 0.8% vs. 0.5% forecast

Published 30/10/2015, 00:30
Australian Private Sector Credit 0.8% vs. 0.5% forecast
Investing.com - The total amount of new credit issued to consumers and businesses in Australia rose more-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 0.8%, from 0.6% in the preceding month.

Analysts had expected Australian Private Sector Credit to rise 0.5% last month.

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