UK June mortgage approvals 54.66k vs 49.00k expected

<ul><li>Prior 50.52k; revised to 51.14k</li><li>Net consumer credit £1.7 billion vs £1.3 billion expected</li><li>Prior £1.1 billion</li></ul><p>Of note, the net borrowing of consumer credit by individuals rose to its highest since April 2018. The breakdown shows that the borrowing on credit cards remained stable at £0.6 billion, while borrowing through other forms of consumer credit (such as car dealership finance and personal loans) increased significantly from £0.5 billion in May to £1.0 billion in June.</p>

This article was written by Justin Low at www.forexlive.com.