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UK Consumer Credit Growth Slows in March; Mortgage Approvals Up

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-- Net borrowing of consumer credit by individuals in the UK stood at 1.90 billion pounds sterling in March, following the revised 1.98 billion pounds in February, according to Bank of England data published Friday.

The consensus estimate for the month was 1.8 billion pounds.

Meanwhile, net mortgage approvals for house purchases came in at 63,531, compared with the revised 62,708 in the prior month and the expected 60,000.

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