Private-sector credit rises at slowest pace since August
Economists say they expect tightening lending standards to dampen growth trends even more in coming months
30 December 2022 - 01:24
Private-sector credit rose in November, but slower than expected, showing the effect of tighter financial conditions on households and companies.
Reserve Bank data released on Friday showed that private-sector credit rose 8.3% year on year, easing from a 9.3% a month earlier. ..
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