The Bank of England released consumer credit data for August on September 1, 2025. The reported figure was GBP 1.6 billion, with no forecast provided; the previous value was also GBP 1.6 billion.Data Definition: Typically, unless there is significant volatility in consumer credit balances, the foreign exchange market’s response to this data is muted. Additionally, consumer credit balances should not be interpreted in isolation and must be considered alongside other indicators.Market Impact: If the actual figure exceeds forecasts, it is considered positive for the British pound.This data has an importance rating of 2. The statistical method tracks changes in total consumer credit requiring installment payments. It is released monthly, with the next publication scheduled for October 29, 2025.
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