Australia Private Sector Credit Rises 0.5% In November
(RTTNews) - Private sector credit in Australia was up 0.5 percent on month in November, the Reserve Bank of Australia said on Friday - easing 0.6 percent in October.
On a yearly basis, it jumped 8.9 percent.
Individually, housing credit added 0.4 percent on month and 6.9 percent on year, while personal credit rose 0.2 percent on month and fell 0.2 percent on year and business credit jumped 0.7 percent on month and 13.9 percent on year.
Broad money advanced 0.7 percent on month and 7.4 percent on year.
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The total number of building permits issued in Australia was up a seasonally adjusted 0.7 percent on month in December, the Australian Bureau of Statistics said on Monday - coming in at 15,174.
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