UK February mortgage approvals 65.5k vs 65.6k expected ...Middle East

Prior 66.2kNet consumer credit £1.4 billion vs £1.2 billion expectedPrior £1.7 billion

Individual net borrowing of mortgage debt fell in February by £0.9 billion, down to £3.3 billion. That follows a £0.8 billion increase in January. But the annual growth of net mortgage lending was little changed, seen at 1.9%. Besides that, the annual growth for consumer credit was steady on the month - seen at 6.4%.

This article was written by Justin Low at www.forexlive.com.

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