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Data from Bank of England. Forecasts by Sigmanomics Forecast Engine.
United KingdomUnited Kingdom BoE Consumer Credit fell to 1.86B in April 2026
Bank of EnglandMonthlyReleased June 2026
United Kingdom BoE Consumer Credit fell to 1.86B in April 2026, released June 2026, down 0.04B from March's 1.9B reading. The print exceeded the 1.7B consensus by 0.16B. BoE Consumer Credit has now declined for 3 consecutive months. Over the past 3 months, BoE Consumer Credit averaged 1.92B, vs 1.8B in the prior 3-month window. The reading is in the 85th percentile of the trailing 24-month range.
Latest Release
1.859
Actual
1.7
Consensus
1.904
Previous
Median Absolute Error
±0.27 billion
across last 12 releases
Last Call
Jun 2026
Predicted: 1.87
Actual: 1.86
Error: +0.01
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/GBP | ▼ Inverse | −0.72 | FOREX | Bearish EUR | → View |
| XAU/USD | ▲ Direct | +0.56 | COMMODITIES | Bullish XAU | → View |
| GBP/JPY | ▲ Direct | +0.46 | FOREX | Bullish GBP | → View |
| Euro STOXX 50 | ▼ Inverse | −0.32 | INDEX | Bearish Euro STOXX 50 | → View |
| GBP/USD | ▲ Direct | +0.29 | FOREX | Bullish GBP | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
BoE Consumer Credit (United Kingdom) was reported at 1.86 billion in June 2026. This beat the market consensus of 1.70 billion by 0.16 billion. The reading fell from the previous value of 1.90 billion. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 1.58 billion, ranging from 0.86 billion to 2.08 billion across 11 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 1.87 billion, up from the prior three at 1.57 billion. Volatility over the past year (σ 0.34 billion) is higher than the prior year (σ 0.26 billion). In June readings over the past 3 years, BoE Consumer Credit has averaged 1.36 billion.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with EUR/GBP (Bearish EUR). A secondary relationship exists with XAU/USD, positively correlated (Bullish XAU). Over the last 12 releases, the Sigmacast model's median absolute error is 0.27 billion.
WHAT TO WATCH NEXT
The next release is scheduled for June 29, 2026. Same-country events in the next 14 days include Inflation Rate MoM (Jun 17) and Core Inflation Rate YoY (Jun 17).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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BoE Consumer Credit - UK
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About BoE Consumer Credit — United Kingdom
DEFINITION
BoE Consumer Credit is a financial indicator that measures the amount of credit that consumers in the United Kingdom are using. It is published by the Bank of England and provides insight into the borrowing habits of individuals and households, which can have a significant impact on the overall economy. This indicator is closely monitored by economists and policymakers as it can indicate potential changes in consumer spending and overall economic growth.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 1.859 M, consensus 1.7 M. Prior reading (Mar 2026): 1.895 M. Before that (Feb 2026): 1.935 M.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with EUR/GBP (Bearish EUR, r=-0.72) — a useful reference for forex-focused traders.