Credit to the private sector: growth unchanged at 7.7%, with more movement in credit for housing

Summary

In October 2014, credit granted by commercial banks to the private sector posted nominal annual (YoY) growth of 7.7% (3.3% in real terms), unchanged from September 2014 but down from the same month the year before (10.4%). Between January and October 2014, credit granted to the private sector increased by a YoY average of 8.4%, less than the average for the same period in 2013 (11.0%)

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