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10.08.2015 08:34 Consumer credit in the U.S. climbs by $20.74 billion in June

The Fed released its consumer credits figures on Friday. Consumer credit in the U.S. rose by $20.74 billion in June, exceeding expectations for a $17.0 billion increase, after a $16.52 billion gain May.



May's figure was revised up from a $16.09 billion rise.



The increase was driven by gains in both revolving and non-revolving credit. Revolving credit climbed by $5.5 billion in June, while non-revolving credit jumped by $15.2 billion.

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