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Private Sector Credit Extension - March 2024

Private Sector Credit Extension - March 2024

Resident private sector credit extension slowed for a third consecutive month, to just 1.3% y/y. This is below the rolling 12-month average of 2.1% y/y and the second slowest figure we have on record (dating back to '04) - with just Dec '21 (1.2%) slower.

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