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SUMMARY OF FINDINGS
The trend series for the value of total commercial finance commitments decreased 1.5% in June 2009 compared with May 2009. Revolving credit commitments fell 5.2%, while fixed lending commitments rose 0.3%.
The seasonally adjusted series for the value of total commercial finance commitments fell 7.6% in June 2009 compared with May 2009. Both revolving credit and fixed lending commitments fell, down 17.3% and 2.5% respectively.
The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) increased 1.0% in June 2009, following a revised increase of 1.9% in May 2009. The seasonally adjusted series fell 0.5% in June 2009.
The value of lease finance commitments (trend) decreased 5.7% in June 2009. The seasonally adjusted series decreased 17.2%.
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