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Credit growth slows in June

Jul 29 2015 10:53

Johannesburg - Private sector credit demand slowed to 8.14% year-on-year in June compared with 9.42% expansion in May, South African Reserve Bank data showed on Wednesday.

Growth in the broadly defined M3 measure of money supply quickened to 8.89% year-on-year in June from an 8.37% increase in May.

credit growth  |  sa economy  |  private sector
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