South Africa’s April credit growth slows to 7.06% year-on-year




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JOHANNESBURG   – Growth in private sector credit demand in South slowed 7.06 percent year-on-year in April a revised 8.74 percent in March, central bank data showed on Tuesday.

Expansion in broadly defined M3 measure of supply was at 8.98 percent year-on-year in April, down from 10.3 percent in March.(Reuters)