SA's credit growth slows to 6.14%

Filomena Scalise

Filomena Scalise

Published Jan 30, 2014

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Johannesburg - Growth in credit demand from South Africa's private sector slowed to 6.14 percent year-on-year in December from 6.98 percent in November, data from the Reserve Bank showed on Thursday.

Expansion in the broadly defined M3 measure of money supply also braked to 6.15 percent from 6.3 percent the previous month. - Reuters

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