BOE: U.K. consumer lending slowed further in June

Discussion in 'Economics' started by ASusilovic, Jul 29, 2009.

  1. LONDON (MarketWatch) -- Consumer lending in Great Britain continued to slow in June, the Bank of England reported Wednesday, growing at its weakest pace since current records began in 1993.



    Total consumer lending rose by 414 million pounds ($682 million), compared with a rise of 485 million pounds in May. Economists had forecast a rise of around 900 million pounds. Mortgage approvals totaled 47,584, up from 44,169 in May. Economists had expected a rise of around 47,000.

    http://www.marketwatch.com/story/boe-uk-consumer-lending-slowed-further-in-june-2009-07-29

    More green shoots...
     
  2. achilles28

    achilles28

    At least it didn't shrink...