April credit growth slows to 8.27%

Comment on this story
NewRandMoney Reuters.

Johannesburg - Growth in credit demand from South Africa's private sector slowed to 8.27 percent year-on-year in April from a revised 8.73 percent in March, data from the Reserve Bank showed on Friday.

Expansion in the broadly defined M3 measure of money supply also braked to 6.98 percent in April from 7.86 percent the previous month. - Reuters

sign up

Comment Guidelines

  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

  5. Verified email addresses: All users on Independent Media news sites are now required to have a verified email address before being allowed to comment on articles. You are only required to verify your email address once to have full access to commenting on articles. For more information please read our comment guidelines