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The Reserve Bank of Australia (RBA) released its private sector credit data on Friday. The total value of private sector credit in Australia rose 0.5% in December, missing expectations for a 0.6% gain, after a 0.4% increase in November.
Housing credit increased 0.5% in December, personal credit was flat, while business credit rose 0.5%.
On a yearly basis, the private sector credit in Australia jumped 6.6% in December, after a 6.6% in November.
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