South Africa’s private sector credit up 7.86% y/y in August

JOHANNESBURG (Reuters) – Private sector credit in South Africa rose 7.86% year on year in August after rising by a revised 7.06% in July, central bank data showed on Thursday.

The broadly defined M3 measure of money supply increased by 8.15% in August after expanding by 8.15% in the previous month.

(Reporting by Anait Miridzhanian; Editing by Alexander Winning)

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