Credit
CREDIT
State
Weak lendingLevel
Below inflationMomentum
Holding paceConfidence
HighCredit is growing more slowly than prices, holding its pace. Confidence: high.
What this rests on
as of June 2026
| Indicator | Role | Value | Read as |
|---|---|---|---|
| Real credit growth | Primary | 3.22% | Below inflation · up |
| Credit impulse | Primary | 0.25 pp | Holding pace · up |
| Credit impulse, households | Context | 1.09 pp | aligned · flat |
Why this state
| Rule that matched | Below inflation |
| Reference period | June 2026 |
| Computed | Sep 15, 2026, 05:49 PM MSK |
| Rule set | credit-v1 |
Block indicators
| Corporate loan debt outstandingprimary | ₽88.5 tn | August 2026 |
| Credit impulseprimary | +0.25 pp | Q2 2026 · imported |
| Real credit growthprimary | 4.14% y/y | August 2026 · imported |
| Household loan debt outstandingprimary | ₽37.4 tn | August 2026 · imported |
| Credit impulse, corporate | -0.84 pp | Q2 2026 · imported |
| Corporate loan debt, roubles | ₽80.4 tn | August 2026 · imported |
| Credit impulse, households | +1.09 pp | Q2 2026 · imported |
| Household loan debt, roubles | ₽37.4 tn | August 2026 · imported |