Bank Lending MoM measures the change in the total value of new loans issued by banks on a monthly basis. This high-frequency indicator provides an immediate look at how credit conditions are evolving in response to recent monetary policy shifts or economic shocks. It is particularly useful for identifying short-term trends in liquidity and borrowing behavior. Sharp increases may indicate a successful stimulus, while declines often suggest a credit crunch or cautious lending environment.
Calculated as the net difference in the total volume of outstanding loans between the current month and the previous month, adjusted for seasonal variations.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 28, 2026 | 0.30 | 0.60 | -0.30 |
| Jul 30, 2026 | 0.70 | 0.50 | +0.20 |
| Jul 1, 2026 | 0.60 | 0.60 | 0.00 |
| May 28, 2026 | 0.30 | 0.80 | -0.50 |
| Apr 27, 2026 | 1.00 | 0.30 | +0.70 |
| Mar 30, 2026 | 0.30 | 0.60 | -0.30 |
| Feb 25, 2026 | -0.20 | -0.10 | -0.10 |
| Jan 29, 2026 | 1.80 | 0.80 | +1.00 |
| Dec 26, 2025 | 0.90 | 1.00 | -0.10 |
| Nov 26, 2025 | 0.90 | 0.80 | +0.10 |
| Oct 29, 2025 | 1.10 | 0.40 | +0.70 |
| Sep 29, 2025 | 0.50 | 0.30 | +0.20 |
| Aug 27, 2025 | 0.40 | 0.30 | +0.10 |
| Jul 28, 2025 | 0.50 | 0.50 | 0.00 |
| Jun 27, 2025 | 0.60 | 0.50 | +0.10 |
| May 29, 2025 | 0.70 | 0.30 | +0.40 |
| Apr 30, 2025 | 0.60 | 0.20 | +0.40 |
| Apr 9, 2025 | 0.40 | 0.20 | +0.20 |
| Mar 13, 2025 | 0.00 | -0.30 | +0.30 |
| Jan 27, 2025 | 1.40 | 1.40 | 0.00 |
| Dec 27, 2024 | 1.20 | 0.60 | +0.60 |
| Nov 28, 2024 | 0.70 | 0.70 | 0.00 |
| Oct 30, 2024 | 1.20 | 0.80 | +0.40 |
| Sep 27, 2024 | 0.90 | 0.20 | +0.70 |
| Aug 29, 2024 | 0.20 | 1.10 | -0.90 |
| Jul 26, 2024 | 1.20 | 0.90 | +0.30 |
| Jun 26, 2024 | 0.70 | 0.20 | +0.50 |
| May 27, 2024 | 0.20 | 1.00 | -0.80 |
| May 3, 2024 | 1.20 | 1.50 | -0.30 |
| Apr 2, 2024 | 0.20 | 0.30 | -0.10 |
| Mar 8, 2024 | -0.30 | 0.30 | -0.60 |
| Feb 6, 2024 | 1.40 | 0.70 | +0.70 |
| Jan 4, 2024 | 0.90 | 0.30 | +0.60 |
| Dec 5, 2023 | 0.10 | 0.70 | -0.60 |
| Nov 7, 2023 | 0.80 | 1.20 | -0.40 |
| Sep 27, 2023 | 1.10 | -0.10 | +1.20 |
| Aug 28, 2023 | -0.20 | -0.10 | -0.10 |
| Jul 27, 2023 | 0.10 | 0.20 | -0.10 |
| Jun 28, 2023 | 0.30 | 0.20 | +0.10 |
| May 30, 2023 | -0.10 | 0.90 | -1.00 |
| Apr 26, 2023 | 0.70 | 0.50 | +0.20 |
| Mar 29, 2023 | -0.10 | 0.70 | -0.80 |
| Feb 27, 2023 | -0.30 | 1.10 | -1.40 |
| Jan 27, 2023 | 1.30 | 1.10 | +0.20 |
| Dec 27, 2022 | 1.00 | 1.70 | -0.70 |
| Nov 28, 2022 | 1.00 | 1.40 | -0.40 |
| Oct 27, 2022 | 2.20 | 0.90 | +1.30 |
| Sep 28, 2022 | 1.60 | 1.30 | +0.30 |
| Aug 29, 2022 | 1.60 | 1.10 | +0.50 |
| Apr 28, 2022 | 0.80 | 1.10 | -0.30 |
| Date | First print | Current | Revision |
|---|---|---|---|
| Apr 27, 2026 | 0.40 | 1 | +0.60 ↑ |
| Mar 30, 2026 | 0.40 | 0.30 | -0.10 ↓ |
