29 November 2001, 12:37 UK Oct net new consumer credit adj 1.528 bln stg vs revised 1.522 bln in Sept
LONDON (AFX) - UK net new consumer credit totalled 1.528 bln stg in
October on a seasonally-adjusted basis, compared with September's
upwardly revised total of 1.522 bln, according to data released by the
Bank of England.
The AFX News median of analysts' forecasts was for October net new
consumer credit to have totalled 1.4 bln stg.
Within this total, credit card credit fell to 302 mln stg from 409
mln in September.
The Bank of England went on to report that net lending secured on
dwellings rose to 4.966 bln stg in October from 4.560 bln the previous
month.
Total net lending, which includes both lending secured on dwellings
and consumer credit, rose to 6.493 bln stg from 6.082 bln the previous
month.
The BoE added that the value of approvals of new mortgage loans
rose to 14.731 bln stg from 13.916 bln in September, with the number of
approvals rising to 110,000 from 103,000 in September.
The following is a breakdown of October lending data. All figures
are seasonally adjusted and in mln stg.
© 1999-2024 Forex EuroClub
All rights reserved