South Africa’s private sector credit up 9.74% y/y in September

JOHANNESBURG (Reuters) – Private sector credit in South Africa rose 9.74% year on year in September after rising by 7.86% in August, central bank data showed on Monday.

The broadly defined M3 measure of money supply increased by 8.75% in September after expanding by 8.15% in the previous month.

(Reporting by Bhargav Acharya; Editing by Olivia Kumwenda-Mtambo)

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