S.Africa's February credit growth slows to 8.67 pct y/y

by Reuters 2 views0

S.Africa's private sector credit demand slowed to 8.67 per cent year-on-year in February.

South Africa’s private sector credit demand slowed to 8.67 per cent year-on-year in February from an unrevised 9.15 per cent in January, central bank data showed on Monday.

The broadly defined M3 measure of money supply expanded in the same period by 8.11 per cent year-on-year compared with January’s revised figure of 7.35 per cent.