INSTANT VIEW 1-UK Aug mortgage approvals, consumer credit weaker than expected
LONDON, Oct 1 (Reuters) - The Bank of England released the following data for consumer credit and M4 money supply on Monday:
NUMBER OF MORTGAGE APPROVALS AUG JULY FORECAST
47,665 47,556 (47,312) 49,000
LENDING TO INDIVIDUALS (CHANGE IN BLN STG):
AUG JULY FORECAST Total net lending -0.4 0.6 (0.9) n/f
Secured on dwellings -0.3 0.9 (1.1) 0.5
Consumer credit -0.1 -0.2 (-0.2) 0.1
- of which credit card UNCH -0.1 (-0.1) n/f
KEY POINTS
- Steepest fall in total net lending since July 2010
- Sharpest fall in mortgage lending since Dec 2010
- Biggest annual increase in M4 excluding intermediate other financial companies since Q1 2009
((uk.economics@reuters.com, +44 20 7542 5109))
LONDON, Oct 1- The Bank of England released the following data for consumer credit and M4 money supply on Monday:. -Steepest fall in total net lending since July 2010. -Sharpest fall in mortgage lending since Dec 2010.