Consumer credit in the United Kingdom rose by GBP 0.549 billion in March of 2019, following an upwardly revised GBP 1.229 billion gain in the previous month and missing market expectations of a GBP 1 billion increase. Credit card lending rose 0.4 percent, slower than a 0.7 percent advance in February and other loans advances went up 0.2 percent, easing from a 0.5 percent rise. Consumer Credit in the United Kingdom averaged 935.16 GBP Million from 1993 until 2019, reaching an all time high of 2242 GBP Million in January of 2005 and a record low of -1172 GBP Million in August of 2009.

Consumer Credit in the United Kingdom is expected to be 1470.84 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 584.50 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
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
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 £1.145B £1.15B £0.9B £1.1B
2019-05-01 08:30 AM BoE Consumer Credit £0.549B £1.229B £1B £1.2B
2019-05-31 08:30 AM BoE Consumer Credit £0.549B
2019-07-01 08:30 AM BoE Consumer Credit
2019-07-29 08:30 AM BoE Consumer Credit 1496.9


United Kingdom Consumer Last Previous Highest Lowest Unit
Consumer Confidence -13.00 -13.00 10.00 -39.00 Index Points [+]
Retail Sales MoM 1.10 0.60 2.90 -3.50 percent [+]
Retail Sales YoY 6.70 4.00 9.00 -3.90 percent [+]
Consumer Spending 339082.00 336990.00 339082.00 68903.00 GBP Million [+]
Disposable Personal Income 344938.00 342045.00 344938.00 66638.00 GBP Million [+]
Personal Savings 4.80 4.50 15.20 -0.90 percent [+]
Bank Lending Rate 1.75 1.75 18.00 1.25 percent [+]
Consumer Credit 549.00 1229.00 2242.00 -1172.00 GBP Million [+]
Gasoline Prices 1.64 1.61 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
549.00 1229.00 2242.00 -1172.00 1993 - 2019 GBP Million Monthly




Country Last Previous
Australia 2827.04 Mar/19
Brazil 1827731.00 Mar/19
Canada 619866.00 Mar/19
China 390744.62 Apr/19
Euro Area 690270.39 Mar/19
France 1411522.00 Mar/19
Germany 234441.00 Mar/19
Indonesia 2401318.00 Mar/19
Italy 105010.40 Mar/19
Japan 332103.00 Dec/18
Mexico 1405033.60 Dec/18
Netherlands 16017.00 Dec/18
Russia 15167299.00 Feb/19
South Korea 1534631.00 Dec/18
Spain 646845146.00 Dec/18
Switzerland 875566.00 Feb/19
Turkey 521473235.00 Apr/19
United Kingdom 549.00 Mar/19
United States 10.28 Mar/19


Related

Latest