April 30, 2020 / 1:41 AM / a month ago

TABLE-Australia private sector credit jumps 1.1% in March as businesses borrow

    SYDNEY, April 30 (Reuters) - Australian private sector
credit and changes in financial aggregates for March, released
by the Reserve Bank of Australia on Thursday.
    
    Figures are seasonally adjusted in percentage terms:
                         Mar         Feb         yr/yr
 Total credit            +1.1        +0.4        +3.6
 Housing                 +0.3        +0.3        +3.1
 Other personal use      -1.4        -0.5        -6.5
 Business credit         +2.9        +0.9        +6.3
    
    The surge in business credit was likely linked to firms
drawing down loans as a lockdown for the coronavirus went into
effect in the middle of March.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below