Consumer credit in the United Kingdom rose by GBP 0.901 billion in August 2019, following a downwardly revised GBP 1.007 billion gain in the previous month and matching market forecasts. Credit card lending advanced by 0.3 percent, easing from a 0.4 percent increase in July and other loans advanced went up 0.7 percent, the same pace as in the prior month. On a yearly basis, consumer credit increased 5.4 percent, the weakest annual growth since March 2014, slowing from a 5.6 percent increase in July. Credit card lending went up 4.9 percent (vs 5.2 percent in July) and other loans and advanced rose 5.7 percent (the same as in July). Consumer Credit in the United Kingdom averaged 936.04 GBP Million from 1993 until 2019, reaching an all time high of 2328 GBP Million in March of 2016 and a record low of -1171 GBP Million in August of 2009.

Consumer Credit in the United Kingdom is expected to be 866.74 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 1090.05 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
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Calendar GMT Actual Previous Consensus TEForecast
2019-07-01 08:30 AM BoE Consumer Credit May £0.822B £0.968B £0.967B £1.0B
2019-07-29 08:30 AM BoE Consumer Credit Jun £1.046B £0.906B £0.9B £1.0B
2019-08-30 08:30 AM BoE Consumer Credit Jul £0.897B £1.075B £1B £1.1B
2019-09-30 08:30 AM BoE Consumer Credit Aug £0.901B £1.007B £0.9B £1.0B
2019-10-29 09:30 AM BoE Consumer Credit Sep £0.901B £0.88B
2019-11-29 09:30 AM BoE Consumer Credit Oct


United Kingdom Consumer Last Previous Highest Lowest Unit
Consumer Confidence -12.00 -14.00 10.00 -39.00 Index Points [+]
Retail Sales MoM -0.20 0.40 2.90 -3.50 percent [+]
Retail Sales YoY 2.70 3.40 9.00 -3.90 percent [+]
Consumer Spending 338155.00 336560.00 338155.00 67920.00 GBP Million [+]
Disposable Personal Income 356111.00 353149.00 356111.00 65381.00 GBP Million [+]
Personal Savings 6.80 6.20 15.20 -0.90 percent [+]
Bank Lending Rate 1.75 1.75 18.00 1.25 percent [+]
Retail Sales Ex Fuel -0.30 0.40 3.30 -3.60 percent [+]
Cbi Distributive Trades -16.00 -49.00 72.00 -55.00 Net Balance [+]
Consumer Credit 901.00 1007.00 2328.00 -1171.00 GBP Million [+]
Households Debt To GDP 86.60 87.10 95.90 28.70 percent of GDP [+]
Gasoline Prices 1.57 1.57 2.22 0.92 USD/Liter [+]
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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
901.00 1007.00 2328.00 -1171.00 1993 - 2019 GBP Million Monthly




Country Last Previous
Australia 2908.87 Aug/19
Brazil 1911072.00 Aug/19
Canada 637142.00 Aug/19
China 411664.30 Aug/19
Euro Area 714161.73 Aug/19
France 1450457.00 Aug/19
Germany 235851.00 Jun/19
Indonesia 2477053.00 Aug/19
Italy 108590.35 Aug/19
Japan 320489.00 Jun/19
Mexico 1422145.20 Jun/19
Netherlands 15084.00 Jun/19
Russia 16734573.00 Aug/19
South Korea 1556091.90 Jun/19
Spain 655445913.00 Jun/19
Switzerland 886470.00 Jul/19
Turkey 553160126.00 Sep/19
United Kingdom 901.00 Aug/19
United States 17.90 Aug/19


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