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Australian Housing Credit MoM (Dec) M/M 0.7% (Prev. 0.6%)

Newsquawk Staff ·

Australian Housing Credit MoM (Dec) M/M 0.7% (Prev. 0.6%)

What it means

The Australian Housing Credit for December shows a month-on-month increase of 0.7%, up from the previous 0.6%. This modest rise signals continued growth in credit availability, which could support the property market and affect monetary policy discussions, particularly in relation to interest rates and inflationary pressures within Australia.

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