Private Sector Credit Extension Growth slowed to 1.5% year-on-year in May 2023 compared to 2.6% year-on-year in April – the lowest it’s been since January 2022 after having peaked in Mach this year. Simonis Storm economist Theo Klein says that the year-to-date average was 2.7%, compared to 3.2% at the same time last year.
Jul
04
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