The US Federal Reserve released consumer loans data for February.
Accordingly, consumer loans in the country increased by 15.3 billion dollars compared to the previous month and reached a volume of 4.82 trillion dollars.
The median estimate of economists surveyed by Bloomberg was an increase of $18 billion. The increase in consumer loans in January was recorded as 19.5 billion dollars.
In this period, credit card and similar transferring loans are $5.1 billion on a monthly basis; Non-transferable loans, such as home, auto and student loans, increased by $10.3 billion.
Consumer loans increased by 3.8 percent year-on-year. Rollover loans increased by 5 percent and non-transfer loans increased by 3.4 percent in February compared to the same period of the previous year.