Consumer credit in the United Kingdom increased by GBP 0.894 billion to GBP 215.6 billion in October of 2018 and below market expectations of a GBP 1.0 billion gain. It followed an upwardly revised GBP 0.852 billion rise in September. Year-on-year, consumer credit advanced 7.5 percent, the slowest growth since May 2015 amid a sharp decline in new car purchases, compared to an upwardly revised 7.9 percent gain in the previous month. Credit card lending went up 8.6 percent (vs 8.7 percent in September) and other loans increased 6.9 percent (vs 7.4 percent in September). Consumer Credit in the United Kingdom averaged 935.53 GBP Million from 1993 until 2018, reaching an all time high of 2233 GBP Million in January of 2005 and a record low of -1180 GBP Million in August of 2009.

Consumer Credit in the United Kingdom is expected to be 1680.00 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 1850.00 in 12 months time. In the long-term, the United Kingdom Consumer Credit is projected to trend around 2130.00 GBP Million in 2020, according to our econometric models.

United Kingdom Consumer Credit
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-30 08:30 AM BoE Consumer Credit £0.817B £1.521B £1.5B £1.5B
2018-10-01 08:30 AM BoE Consumer Credit £1.118B £0.838B £1.3B £1.2B
2018-10-29 09:30 AM BoE Consumer Credit £0.785B £1.215B £1.2B £1.5B
2018-11-29 09:30 AM BoE Consumer Credit £0.894B £0.852B £1B £1.4B
2019-01-04 09:30 AM BoE Consumer Credit
2019-01-30 09:30 AM BoE Consumer Credit 1680
2019-03-01 09:30 AM BoE Consumer Credit


United Kingdom Consumer Last Previous Highest Lowest Unit
Consumer Confidence -13.00 -10.00 10.00 -39.00 Index Points [+]
Retail Sales MoM -0.50 -0.40 2.90 -3.50 percent [+]
Retail Sales YoY 2.20 3.30 9.00 -3.90 percent [+]
Consumer Spending 334676.00 333036.00 334676.00 68008.00 GBP Million [+]
Disposable Personal Income 335929.00 333116.00 340973.00 66638.00 GBP Million [+]
Personal Savings 4.40 4.30 15.20 -0.90 percent [+]
Bank Lending Rate 1.75 1.75 18.00 1.25 percent [+]
Consumer Credit 894.00 852.00 2233.00 -1180.00 GBP Million [+]
Gasoline Prices 1.60 1.68 2.22 0.92 USD/Liter [+]
Households Debt To GDP 86.10 86.20 95.90 28.70 percent of GDP [+]
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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
894.00 852.00 2233.00 -1180.00 1993 - 2018 GBP Million Monthly




Country Last Previous
Australia 2790.70 Oct/18
Brazil 1746159.00 Oct/18
Canada 624427.00 Oct/18
China 362132.01 Oct/18
Euro Area 683519.90 Oct/18
France 1385414.00 Oct/18
Germany 232195.00 Sep/18
Indonesia 2312963.00 Oct/18
Italy 101550.19 Oct/18
Japan 334396.00 Jun/18
Mexico 1383863.60 Sep/18
Netherlands 15948.00 Sep/18
Russia 14320488.00 Oct/18
South Korea 1514376.90 Sep/18
Spain 655297176.00 Jun/18
Switzerland 866433.00 Sep/18
Turkey 517637967.00 Nov/18
United Kingdom 894.00 Oct/18
United States 25.38 Oct/18


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