Monday, July 30, 2007

S.Africa June credit quickens to 24.92 pct yr/yr

(Reuters) - Growth in demand for credit by South Africa's private sector quickened to 24.92 percent year-on-year in June from 24.84 percent in May, central bank data showed on Tuesday.

During the same period, the broadly defined M3 measure of money supply grew by 23.35 percent, just slightly below forecasts, compared to 22.67 percent in May.


Read more at Reuters Africa

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