Consumer credit in the United Kingdom increased by GBP 1.095 billion in January of 2018, beating market expectations of a GBP 0.8 billion gain and following a downwardly revised GBP 0.683 billion rise in December. Credit card lending picked up (0.5 percent from 0.1 percent in December) and other loans and advances increased slightly (0.7 percent from 0.6 percent). Year over year, consumer credit growth eased to 6.5 percent, the slowest increase since October 2014, from 6.6 percent in December. Credit card lending went up 6.7 percent (from 7.1 percent in December) and other loans and advances increased 6.4 percent (from 6.3 percent in December). Consumer Credit in the United Kingdom averaged 934.62 GBP Million from 1993 until 2019, reaching an all time high of 2240 GBP Million in January of 2005 and a record low of -1182 GBP Million in August of 2009.

Consumer Credit in the United Kingdom is expected to be 1220.00 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 1210.00 in 12 months time. In the long-term, the United Kingdom Consumer Credit is projected to trend around 1730.00 GBP Million in 2020, according to our econometric models.

United Kingdom Consumer Credit
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-29 09:30 AM BoE Consumer Credit £0.894B £0.852B £1B £1.4B
2019-01-04 09:30 AM BoE Consumer Credit £0.924B £0.754B £0.95B £ 1.2B
2019-01-30 09:30 AM BoE Consumer Credit £0.687B £0.958B £0.8B £1.0B
2019-03-01 09:30 AM BoE Consumer Credit £1.095B £0.683B £0.8B £0.9B
2019-03-29 09:30 AM BoE Consumer Credit £1.095B £1.1B
2019-05-01 08:30 AM BoE Consumer Credit £ 1.2B
2019-05-31 08:30 AM BoE Consumer Credit


United Kingdom Consumer Last Previous Highest Lowest Unit
Consumer Confidence -13.00 -14.00 10.00 -39.00 Index Points [+]
Retail Sales MoM 1.00 -0.70 2.90 -3.50 percent [+]
Retail Sales YoY 4.20 3.10 9.00 -3.90 percent [+]
Consumer Spending 337646.00 336282.00 337646.00 68903.00 GBP Million [+]
Disposable Personal Income 340827.00 340475.00 340973.00 66638.00 GBP Million [+]
Personal Savings 4.30 4.50 15.20 -0.90 percent [+]
Bank Lending Rate 1.75 1.75 18.00 1.25 percent [+]
Consumer Credit 1095.00 683.00 2240.00 -1182.00 GBP Million [+]
Gasoline Prices 1.57 1.58 2.22 0.92 USD/Liter [+]
Households Debt To GDP 86.50 86.30 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1095.00 683.00 2240.00 -1182.00 1993 - 2019 GBP Million Monthly




Country Last Previous
Australia 2811.01 Jan/19
Brazil 1806862.00 Jan/19
Canada 615842.00 Jan/19
China 379244.44 Feb/19
Euro Area 686041.96 Jan/19
France 1401642.00 Jan/19
Germany 233662.00 Dec/18
Indonesia 2353074.00 Jan/19
Italy 103036.42 Jan/19
Japan 332525.00 Sep/18
Mexico 1405033.60 Dec/18
Netherlands 15948.00 Sep/18
Russia 14790659.00 Dec/18
South Korea 1534631.00 Dec/18
Spain 648306635.00 Sep/18
Switzerland 869699.00 Dec/18
Turkey 509243315.00 Feb/19
United Kingdom 1095.00 Jan/19
United States 17.05 Jan/19


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