Africa Economy Finance South Africa

South Africa’s credit growth slows to 7.37% year on year in April

Growth in private sector credit in South Africa in April slowed to 7.37% year on year from a revised 7.75% in March, central bank data showed on Friday.

Expansion in the broadly defined M3 measure of money supply quickened to 10.47% in April from 9.49% in March.

Source: Reuters

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