Johannesburg - Growth in credit demand from South Africa's private sector quickened to 9.13% year-on-year (y/y) in November from 9.06% in October, Reserve Bank data showed on Wednesday.
The broadly defined M3 measure of money supply also expanded at a faster rate of 8.31% y/y compared with October's revised figure of 8.01%.
Economists surveyed by Reuters had expected y/y credit growth of 9.03% for November, while money supply was seen increasing by 8%.