Australian Housing Credit MoM (Jan) M/M 0.6% (Prev. 0.7%)
Newsquawk Staff ·
Australian Housing Credit MoM (Jan) M/M 0.6% (Prev. 0.7%)
What it means
The Australian Housing Credit for January showed a month-on-month increase of 0.6%, down from the previous 0.7%. While still indicating growth, this slight deceleration could suggest a cooling in the housing market, which may influence expectations for future monetary policy or growth projections in Australia.
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