South Africa’s private credit up 2.46% y/y in November

JOHANNESBURG (Reuters) – Private sector credit in South Africa rose 2.46% year-on-year in November, after increasing 1.29% in October, central bank data showed on Friday.

The broadly defined M3 measure of money supply rose 6.36% in November, after expanding 3.19% in the previous month.

(Reporting by Olivia Kumwenda-Mtambo; Editing by Sam Holmes)

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