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Johannesburg - Growth in credit demand from the
private sector accelerated to 8.16% year-on-year in August from
7.41% in July, Reserve Bank data showed on Monday.
Expansion in the broadly defined M3 measure of money supply slowed to 6.9% from 7.36%.
Economists surveyed by Reuters had expected credit growth to slow to 7.3%, while money supply growth was seen at 7.35%.
