Consumer credit in the United Kingdom rose by GBP 1.046 billion in June of 2019, following an upwardly revised GBP 0.906 billion increase in the previous month and beating market expectations of a GBP 0.9 billion gain. Credit card lending rose by 0.4 percent, the same pace as in May, and other loans and advances advanced at a faster 0.5 percent, compared to 0.4 percent in May. On a yearly basis, consumer credit grew 5.5 percent, the slowest since April 2014. Credit card lending growth eased to 5.1 percent from 5.5 percent in May and other loans and advances went up 5.7 percent, the same as in May. Consumer Credit in the United Kingdom averaged 935.47 GBP Million from 1993 until 2019, reaching an all time high of 2296 GBP Million in March of 2016 and a record low of -1169 GBP Million in August of 2009.

Consumer Credit in the United Kingdom is expected to be 882.32 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 1513.13 in 12 months time. In the long-term, the United Kingdom Consumer Credit is projected to trend around 714.54 GBP Million in 2020, according to our econometric models.

United Kingdom Consumer Credit
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-01 08:30 AM BoE Consumer Credit Mar £0.549B £1.229B £1B £1.2B
2019-05-31 08:30 AM BoE Consumer Credit Apr £0.942B £0.631B £0.978B £1.1B
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 £1.046B
2019-09-30 08:30 AM BoE Consumer Credit Aug
2019-10-29 09:30 AM BoE Consumer Credit Sep £ 0.88B


United Kingdom Consumer Last Previous Highest Lowest Unit
Consumer Confidence -11.00 -13.00 10.00 -39.00 Index Points [+]
Retail Sales MoM 0.20 0.90 2.90 -3.50 percent [+]
Retail Sales YoY 3.30 3.80 9.00 -3.90 percent [+]
Consumer Spending 340546.00 338901.00 340546.00 68903.00 GBP Million [+]
Disposable Personal Income 346349.00 344938.00 346349.00 66638.00 GBP Million [+]
Personal Savings 4.40 4.80 15.20 -0.90 percent [+]
Bank Lending Rate 1.75 1.75 18.00 1.25 percent [+]
Retail Sales Ex Fuel 0.20 0.80 3.30 -3.60 percent [+]
Cbi Distributive Trades -16.00 -42.00 72.00 -55.00 Net Balance [+]
Consumer Credit 1046.00 906.00 2296.00 -1169.00 GBP Million [+]
Households Debt To GDP 87.10 86.80 95.90 28.70 percent of GDP [+]
Gasoline Prices 1.57 1.62 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1046.00 906.00 2296.00 -1169.00 1993 - 2019 GBP Million Monthly




Country Last Previous
Australia 2829.93 Jun/19
Brazil 1873643.00 Jun/19
Canada 631764.00 Jun/19
China 406220.98 Jul/19
Euro Area 705648.37 Jun/19
France 1434281.00 Jun/19
Germany 235851.00 Jun/19
Indonesia 2445720.00 May/19
Italy 107635.37 Jun/19
Japan 331784.00 Mar/19
Mexico 1399285.80 Mar/19
Netherlands 15084.00 Jun/19
Russia 16002003.00 May/19
South Korea 1540043.80 Mar/19
Spain 646754555.00 Mar/19
Switzerland 882535.00 May/19
Turkey 528198574.00 Jul/19
United Kingdom 1046.00 Jun/19
United States 14.60 Jun/19


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