Australian October 2023 Private Sector Credit +0.3% m/m (expected +0.4%)

<p>Data from the Reserve Bank of Australia</p><ul><li>Headline is up 0.4% m/m and 4.8% y/y</li></ul><p>Housing credit up 0.4% m/m (house price being launched into orbit will do that)</p><ul><li>business and personal credit rose but not by as much m/m</li></ul><p>_ </p><p>Published at the same was building approvals, for October: +7.5% m/m</p><ul><li>expected +2.0% and prior -4.6%</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.