Australia August Private Sector Credit MoM: In Line with Forecast
The Reserve Bank of Australia released the August private sector credit month-on-month data on August 29, 2025. The reported figure was 0.70%, matching both the forecast and the previous reading.This indicator measures the net increase in new loans, reflecting the growth of credit extended by financial institutions to businesses and households. It serves as a gauge of market liquidity. If the actual figure exceeds the forecast, it is generally considered bullish for the Australian dollar.This data point carries an importance rating of 1. The calculation tracks the outstanding amount of credit extended to businesses and consumers. It is published monthly, with the next release scheduled for October 31, 2025.
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