The downturn in credit growth extended in December amid the economic disruption from reopening. But the worst of the disruption may have already passed. The shift toward living with COVID and policy measures to support developers should underpin a recovery in consumer and business sentiment and the property market, boosting appetite for borrowing.
Drop-Ins – The World In 2023 (10-11 January): Will 2023 be another rollercoaster year for economies and markets? Join our senior economists for these special briefings on 10th and 11th January to find out what to expect in the coming 12 months. Register now
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.