SA’s private sector credit up 7.53% y/y in June

The M3 measure of money supply increased by 8.33% in June after expanding by a revised 7.24% in the previous month.
Image: Waldo Swiegers/Bloomberg

Private sector credit in South Africa rose by 7.53% year on year in June after rising by 5.34% in May, central bank data showed on Friday.

The broadly defined M3 measure of money supply increased by 8.33% in June after expanding by a revised 7.24% in the previous month.

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