South Africa’s private sector credit up 9.34% y/y in October

JOHANNESBURG (Reuters) – South Africa’s private sector credit expanded 9.34% year on year in October after rising by 9.74% in September, central bank data showed on Tuesday.

The broadly defined M3 measure of money supply increased by 9.82% in October after growing 8.75% in the previous month.

(Reporting by Alexander Winning; Editing by Olivia Kumwenda-Mtambo)

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