SA’s private credit up 3.12% y/y in January

After rising by 2.58% in December.
Image: REUTERS/Mike Hutchings

Private sector credit in South Africa increased by 3.12% year-on-year in January after rising by 2.58% in December, central bank data showed on Monday.

The broadly defined M3 measure of money supply rose by 5.65% in January after expanding by 5.71% in the previous month.

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