Thursday, March 29, 2007

S.Africa Feb PSCE quickens to 26.12pct yr/yr

(Reuters) - Growth in demand for credit by South Africa's private sector quickened to 26.12 percent year-on-year in February from 24.83 percent in January, central bank data showed on Friday.

During the same period, the broadly defined M3 measure of money supply grew by 22.9 percent, faster than forecasts, compared to 22.49 percent in January.


Read more at Reuters Africa

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