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Thursday, May 28, 2009

AUSTRAIAN PRIVATE SECTOR CREDIT +0.1% IN APR VS MAR

Credit to the Australian private sector rose a seasonally adjusted 0.1% in April from March and rose 4.6% from a year earlier, the Reserve Bank of Australia said Friday.

Housing sector credit rose 0.7% in April from March and rose 7.1% from a year earlier, the RBA said.

Personal sector credit fell 0.3% in April from March and fell 6.6% from a year earlier, while business sector credit fell 0.5% from March and rose 3.5% from a year earlier, the RBA said.

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