Australia: Private Sector Credit (YoY) (September): 3.3% vs 3.4%

Oct 31, 2013

Australia September Private Sector Credit (MoM) steadies at 0.3%

Huge jump in Australian building permits

Australia Building approvals for September came surpringly high at 14.4% m/m vs. expected +2.8%. Meanwhile, Sept private sector house approvals stood at +1.5% m/m, s/adj, with Sept private-sector credit +0.3% m/m, s/adj vs RBA predictions of +0.4%. Sept housing credit +0.4% m/m, s/adj.