The Credit Indicator measures the total volume and growth rate of lending provided by financial institutions to domestic households and non-financial corporations. It serves as a critical barometer for financial stability and the overall health of the credit market. High credit growth often correlates with increased consumer spending and business investment, while a contraction may signal tightening financial conditions. Central banks monitor this data closely to assess the transmission of monetary policy.
The data is derived from the balance sheets of banks and other monetary financial institutions (MFIs). It is calculated by summing outstanding loans and adjusting for exchange rate fluctuations and reclassifications.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 24, 2026 | 4.30 | — | — |
| Jul 31, 2026 | 4.40 | — | — |
| Jun 22, 2026 | 4.50 | — | — |
| May 26, 2026 | 4.40 | — | — |
| Apr 27, 2026 | 4.50 | — | — |
| Jan 29, 2026 | 4.40 | — | — |
| Dec 23, 2025 | 3.90 | — | — |
| Nov 24, 2025 | 3.90 | — | — |
| Oct 27, 2025 | 3.80 | — | — |
| Sep 29, 2025 | 4.00 | — | — |
| Aug 25, 2025 | 4.10 | — | — |
| Aug 1, 2025 | 4.10 | — | — |
| Jun 25, 2025 | 4.10 | — | — |
| May 26, 2025 | 4.10 | — | — |
| Apr 30, 2025 | 3.80 | — | — |
| Mar 26, 2025 | 3.60 | — | — |
| Feb 26, 2025 | 3.60 | — | — |
| Jan 30, 2025 | 3.30 | — | — |
| Nov 25, 2024 | 3.80 | — | — |
| Oct 31, 2024 | 3.70 | — | — |
| Sep 25, 2024 | 3.80 | — | — |
| Aug 23, 2024 | 3.70 | — | — |
| Jun 25, 2024 | 3.10 | — | — |
| Feb 23, 2024 | 3.50 | — | — |
| Date | First print | Current | Revision |
|---|---|---|---|
| Apr 27, 2026 | 4.40 | 4.50 | +0.10 ↑ |
