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Surge in Consumer Credit Sparks Market Speculation

Surge in Consumer Credit Sparks Market Speculation

Today, the latest figures for Consumer Credit Change in April were released, revealing a significant increase. The actual number reported was 17.870 billion, which notably surpassed the forecasted estimate of 10.850 billion. This marks a substantial rise from the previous month’s figure of 8.600 billion, indicating a sharp uptick in consumer borrowing during this period.

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