UK mortgage approvals for house purchase fell to its lowest level in over a year in March and consumer credit growth was the weakest in nearly five-and-a-half years as the original Brexit deadline approached, figures from the Bank of England showed on Wednesday.
Mortgage approvals for house purchase fell to 62,341 in March from a revised 65,340 in February. Economists had forecast 64,400 approvals.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.