Measures the change in the total value of new credit issued to consumers and businesses in the private sector. It is a leading indicator of economic health as it reflects the willingness of banks to lend and the confidence of consumers to spend. High credit growth often precedes increased consumer spending and business investment, signaling economic expansion.
Calculated as the month-over-month percentage change in the outstanding stock of loans and advances provided by financial institutions to the private sector.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 31, 2026 | 0.60 | 0.70 | -0.10 |
| Jul 31, 2026 | 0.80 | 0.60 | +0.20 |
| Jun 30, 2026 | 0.70 | 0.60 | +0.10 |
| Jun 3, 2026 | 0.70 | 0.60 | +0.10 |
| Apr 30, 2026 | 0.70 | 0.60 | +0.10 |
| Mar 31, 2026 | 0.60 | 0.60 | 0.00 |
| Feb 27, 2026 | 0.50 | 0.70 | -0.20 |
| Jan 30, 2026 | 0.80 | 0.60 | +0.20 |
| Dec 19, 2025 | 0.60 | 0.20 | +0.40 |
| Nov 28, 2025 | 0.70 | 0.60 | +0.10 |
| Oct 31, 2025 | 0.60 | 0.50 | +0.10 |
| Sep 30, 2025 | 0.60 | 0.60 | 0.00 |
| Aug 29, 2025 | 0.70 | 0.60 | +0.10 |
| Jul 31, 2025 | 0.60 | 0.50 | +0.10 |
| Jun 30, 2025 | 0.50 | 0.70 | -0.20 |
| May 30, 2025 | 0.70 | 0.50 | +0.20 |
| Apr 30, 2025 | 0.50 | 0.50 | 0.00 |
| Mar 31, 2025 | 0.50 | 0.50 | 0.00 |
| Feb 28, 2025 | 0.50 | 0.60 | -0.10 |
| Jan 31, 2025 | 0.60 | 0.50 | +0.10 |
| Dec 20, 2024 | 0.50 | 0.50 | 0.00 |
| Nov 29, 2024 | 0.60 | 0.50 | +0.10 |
| Oct 31, 2024 | 0.50 | 0.50 | 0.00 |
| Sep 30, 2024 | 0.50 | 0.50 | 0.00 |
| Aug 30, 2024 | 0.50 | 0.40 | +0.10 |
| Jul 31, 2024 | 0.60 | 0.40 | +0.20 |
| Jun 28, 2024 | 0.40 | 0.40 | 0.00 |
| May 31, 2024 | 0.50 | 0.40 | +0.10 |
| Apr 30, 2024 | 0.30 | 0.40 | -0.10 |
| Mar 28, 2024 | 0.50 | 0.40 | +0.10 |
| Mar 27, 2024 | 0.50 | 0.40 | +0.10 |
| Feb 29, 2024 | 0.40 | 0.40 | 0.00 |
| Jan 31, 2024 | 0.40 | 0.40 | 0.00 |
| Dec 22, 2023 | 0.40 | 0.30 | +0.10 |
| Nov 30, 2023 | 0.30 | 0.40 | -0.10 |
| Oct 31, 2023 | 0.50 | 0.30 | +0.20 |
| Sep 29, 2023 | 0.40 | 0.30 | +0.10 |
| Aug 31, 2023 | 0.30 | 0.20 | +0.10 |
| Jul 31, 2023 | 0.20 | 0.40 | -0.20 |
| Jun 30, 2023 | 0.40 | 0.40 | 0.00 |
| May 31, 2023 | 0.60 | 0.30 | +0.30 |
| Apr 28, 2023 | 0.30 | 0.30 | 0.00 |
| Mar 31, 2023 | 0.30 | 0.30 | 0.00 |
| Feb 28, 2023 | 0.40 | 0.30 | +0.10 |
| Jan 31, 2023 | 0.30 | 0.50 | -0.20 |
| Dec 23, 2022 | 0.50 | 0.50 | 0.00 |
| Nov 30, 2022 | 0.60 | 0.60 | 0.00 |
| Oct 31, 2022 | 0.70 | 0.70 | 0.00 |
| Sep 30, 2022 | 0.80 | 0.50 | +0.30 |
| Aug 31, 2022 | 0.70 | 0.50 | +0.20 |
| Date | First print | Current | Revision |
|---|---|---|---|
| Apr 30, 2026 | 0.60 | 0.70 | +0.10 ↑ |
