Views Article – Sharenet Wealth

Africa, News

South Africa’s January credit growth slows to 3.26% y/y

CAPE TOWN, Feb 26 (Reuters) – Growth in private sector credit in South Africa slowed to 3.26% year on year in January from 3.55% in December, central bank data showed on Friday.

Expansion in the broadly defined M3 measure of money supply also fell, to 9.15% in January from 9.48% the previous month.

(Reporting by Mfuneko Toyana Editing by Alexander Winning)


© 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.