UK: Consumer Credit grows more than expected in February

FXstreet.com (Barcelona) - UK Consumer Credit rose to £0.6B in February, from £0.5B registered the previous month, according to the BoE report published today. The result is higher than forecasts of £0.3B.

Mortgage Approvals fell to 51.653K in February from 54.187K in January and below market consensus of a decline to 54.000K.

Net Lending to Individuals increased in February to £1.5B in comparison with £0.6B in January and above analysts' expectations of £0.9B.