SA private sector credit up 7.07% y/y in April

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South African private sector credit grew 7.07% year on year in April after rising by 7.19% in March, central bank data showed on Tuesday. Moneyweb Credit

South African private sector credit grew 7.07% year on year in April after rising by 7.19% in March, central bank data showed on Tuesday. The broadly defined M3 measure of money supply increased 10.14% year on year in April after expanding by 8.

90% the previous month.
 

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