UK June mortgage approvals 64.17k vs 63.00k expected
- Prior 63.03k; revised to 63.29k
- Net consumer credit £1.4 billion vs £1.2 billion expected
- Prior £0.9 billion
Net borrowing of mortgage debt by UK individuals increased by £3.1 billion to £5.3 billion in June. And that compares to a £2.8 billion increase to £2.2 billion seen in May. As for consumer credit growth, that is seen at 6.7% year-on-year in June. And that is up from 6.5% in May.