Loading...
See More

SA credit growth quickens to 8.72%

Jul 30 2012 08:21 Reuters

Related Articles

Credit growth quickens to 8.31%

Private sector credit growth rises

Credit growth demand quickens

Private sector credit growth steadies

Private sector credit growth rises

Private sector credit growth accelerates

 

Johannesburg - Growth in credit demand by South Africa’s private sector quickened to 8.72% year-on-year in June compared with an 8.31% rise in May, central bank data showed on Monday.

Growth in the broadly defined M3 measure of money supply also accelerated to 6.99% year-on-year after a slightly revised 6.43% increase in May.

Economists surveyed by Reuters forecast year-on-year private sector credit growth of 8.35% in June while M3 was seen expanding by 6.4%.

* Follow Fin24 on Facebook, Twitter and Google+.

 
credit demand
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...