Johannesburg - Growth in credit demand by the private sector was little changed at 5.25% year-on-year in June from a slightly upwardly revised 5.22% in May, central bank data showed on Friday.
Growth in the broadly defined M3 measure of money supply slowed a bit to 5.99% year-on-year compared with a revised 6.19% expansion in May.
Economists surveyed by Reuters last week forecast private sector credit would expand by 5.2% year-on-year in June while growth in M3 was seen at 6.3% year-on-year.
Growth in the broadly defined M3 measure of money supply slowed a bit to 5.99% year-on-year compared with a revised 6.19% expansion in May.
Economists surveyed by Reuters last week forecast private sector credit would expand by 5.2% year-on-year in June while growth in M3 was seen at 6.3% year-on-year.