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Private Sector Credit YoY
The 'Private Sector Credit YoY' in Australia measures the year-over-year percentage change in the total amount of credit extended to the private sector by financial institutions. It is a key indicator of economic activity, reflecting the level of borrowing and lending in the economy. This metric is important because it can signal consumer and business confidence, influencing monetary policy decisions by the Reserve Bank of Australia. A higher growth rate may indicate economic expansion, while a lower rate could suggest economic slowdown, impacting financial markets through changes in interest rates and investment flows.Next Event
Sep 30, 2025
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7.2%
Historical Data
Aug 29, 2025
7.2%
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Jul 31, 2025
6.8%
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Jun 30, 2025
6.9%
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May 30, 2025
6.7%
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Apr 30, 2025
6.5%
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Mar 31, 2025
6.5%
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Feb 28, 2025
6.5%
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Jan 31, 2025
6.5%
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Dec 20, 2024
6.2%
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Nov 29, 2024
6.1%
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Rows:
Historical Chart
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Importance
Country
CurrencyAUD
Commodities
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Other Indicators
+4.33%
+4.25%
+7.25%
+4.18%
+4.30%
+0.62%