Credit growth slows to 5.12% year-on-year in July

Growth in private sector credit in South Africa in July slowed to 5.12% year-on-year from a revised 5.63% in June, central bank data showed on Monday.

Expansion in the broadly defined M3 measure of money supply slowed, to 10.46% in July from a revised 11.06% in June.

Source: moneyweb.co.za