RBA says fi­nan­cial ag­gre­gates in Jan­uary rise

The Pak Banker - - 6BUSINESS -

SYD­NEY: Re­serve Bank of Aus­tralia says to­tal credit pro­vided to the pri­vate sec­tor by fi­nan­cial in­ter­me­di­aries rose by 0.2 per cent over Jan­uary 2013, af­ter in­creas­ing by 0.4 per cent over De­cem­ber. Over the year to Jan­uary, to­tal credit rose by 3.6 per cent. Hous­ing credit in­creased by 0.4 per cent over Jan­uary, fol­low­ing an in­crease of 0.3 per cent over De­cem­ber. Over the year to Jan­uary, hous­ing credit rose by 4.4 per cent. Other per­sonal credit de­creased by 0.1 per cent over Jan­uary, af­ter in­creas­ing by 0.2 per cent over De­cem­ber. Over the year to Jan­uary, other per­sonal credit de­creased by 0.3 per cent. Busi­ness credit was un­changed over Jan­uary, af­ter in­creas­ing by 0.7 per cent over De­cem­ber. Over the year to Jan­uary, busi­ness credit in­creased by 2.8 per cent. Over the month of Jan­uary, M3 grew by 0.7 per cent.

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