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South Africa’s Credit Demand Growth Quickens to 7.19% in July

South Africa’s Credit Demand Growth Quickens to 7.19% in July

30 August 2019 – Growth in private sector credit demand in South Africa rose to 7.19% in July from a revised 6.88% the previous month, central bank data showed on Friday.

Expansion in the broadly defined M3 measure of money supply, however, slowed to 8.28% in July from 8.99% in June. Source (Reuters Africa) https://bit.ly/2UluONt