Trivium Neopol - Econ and Finance | Logo 15 Jun 2017

Correct the record

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Financial papers are largely saying credit decelerated in May. They are wrong.

In reality, credit growth accelerated a touch in May to 12.9% y/y — compared to 12.8% in April.

So what? The tiny acceleration underscores that credit growth has been exceptionally stable in recent months...


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