Johannesburg - Growth in credit demand from the private sector slowed to 7.55% year-on-year in September, from a revised 8.11% in August, SA Reserve Bank (Sarb) data showed on Tuesday.
Expansion in the broadly defined M3 measure of money supply quickened to 7.03% from 6.9% in August.
Economists surveyed by Reuters had expected credit growth of 7.7% and money supply growth of 7.1% in September.
Expansion in the broadly defined M3 measure of money supply quickened to 7.03% from 6.9% in August.
Economists surveyed by Reuters had expected credit growth of 7.7% and money supply growth of 7.1% in September.