Australian Private Sector Credit October +0.7% m/m (expected +0.6%, prior +0.6%)


This data release is from the Reserve Bank of Australia:

Housing credit strong, as usual, but business credit rising more strongly.

Inflation data from Australia will keep the RBA on hold for a good while. The prospect of a rate rise being the next change cannot be ruled out.

This article was written by Eamonn Sheridan at investinglive.com.



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