Consumer credit in the United Kingdom rose by GBP 0.822 in May 2019, following an upwardly revised GBP 0.968 billion increase in the previous month and below market expectations of a GBP 0.967 billion gain. Credit card lending rose 0.4 percent, slightly faster than a 0.3 percent advance in April; and other loans and advances went up 0.3 percent, slower than a 0.5 percent increase in the previous month. Year-on-year, consumer credit grew 5.6 percent, the smallest rise since April 2014, compared to 5.9 percent in April. Credit card lending rose 5.5 percent (from 5.8 percent in April) and other loans and advances went up 5.6 percent (from 6.0 percent in April). Consumer Credit in the United Kingdom averaged 934.85 GBP Million from 1993 until 2019, reaching an all time high of 2296 GBP Million in March of 2016 and a record low of -1169 GBP Million in August of 2009.

Consumer Credit in the United Kingdom is expected to be 866.74 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Credit in the United Kingdom to stand at 639.20 in 12 months time. In the long-term, the United Kingdom Consumer Credit is projected to trend around 724.98 GBP Million in 2020, according to our econometric models.

United Kingdom Consumer Credit
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-29 09:30 AM BoE Consumer Credit Feb £1.145B £1.15B £0.9B £1.1B
2019-05-01 08:30 AM BoE Consumer Credit Mar £0.549B £1.229B £1B £1.2B
2019-05-31 08:30 AM BoE Consumer Credit Apr £0.942B £0.631B £0.978B £1.1B
2019-07-01 08:30 AM BoE Consumer Credit May £0.822B £0.968B £0.967B £1.0B
2019-07-29 08:30 AM BoE Consumer Credit Jun £0.822B £0.967B £ 1.5B
2019-08-30 08:30 AM BoE Consumer Credit Jul
2019-09-30 08:30 AM BoE Consumer Credit Aug


United Kingdom Consumer Last Previous Highest Lowest Unit
Consumer Confidence -13.00 -10.00 10.00 -39.00 Index Points [+]
Retail Sales MoM 1.00 -0.60 2.90 -3.50 percent [+]
Retail Sales YoY 3.80 2.20 9.00 -3.90 percent [+]
Consumer Spending 338901.00 336990.00 338901.00 68903.00 GBP Million [+]
Disposable Personal Income 346349.00 344938.00 346349.00 66638.00 GBP Million [+]
Personal Savings 4.40 4.80 15.20 -0.90 percent [+]
Bank Lending Rate 1.75 1.75 18.00 1.25 percent [+]
Retail Sales Ex Fuel 0.90 -0.40 3.30 -3.60 percent [+]
Cbi Distributive Trades -42.00 -27.00 72.00 -55.00 Net Balance [+]
Consumer Credit 822.00 968.00 2296.00 -1169.00 GBP Million [+]
Gasoline Prices 1.62 1.65 2.22 0.92 USD/Liter [+]
Households Debt To GDP 87.10 86.80 95.90 28.70 percent of GDP [+]
Consumer Confidence Current Conditions -25.00 -20.00 7.00 -82.00 [+]
Consumer Confidence Economic Expectations -23.00 -21.00 20.00 -52.00 [+]
Consumer Confidence Financial Expectations 0.00 4.00 15.00 -18.00 [+]
Consumer Confidence Major Purchases Expectations 1.00 9.00 31.00 -43.00 [+]


United Kingdom Consumer Credit

Consumer credit (excluding student loans) is defined as borrowing by UK individuals to finance current expenditure on goods and/or services excluding loans issued by the Student Loans Company. Consumer credit (excluding student loans) is split into two components; credit card lending and ‘other’ lending (mainly overdrafts and other loans/advances). This page provides the latest reported value for - United Kingdom Consumer Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Consumer Credit - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
822.00 968.00 2296.00 -1169.00 1993 - 2019 GBP Million Monthly




Country Last Previous
Australia 2828.93 May/19
Brazil 1861845.00 May/19
Canada 628425.00 May/19
China 401743.33 Jun/19
Euro Area 700217.16 May/19
France 1425661.00 May/19
Germany 234441.00 Mar/19
Indonesia 2445720.00 May/19
Italy 106884.80 May/19
Japan 331784.00 Mar/19
Mexico 1399285.80 Mar/19
Netherlands 16017.00 Dec/18
Russia 15746053.00 Apr/19
South Korea 1540043.80 Mar/19
Spain 646754555.00 Mar/19
Switzerland 880102.00 Apr/19
Turkey 526402249.00 Jun/19
United Kingdom 822.00 May/19
United States 17.09 May/19


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