(Reuters) - Demand for credit from South Africa's private sector slowed slightly in the year to March, data showed on Friday, easing pressure on the central bank to hike interest rates, analysts said.
Private sector credit extension (PSCE) rose by an annual rate of 24.18 percent, from a revised 26.18 percent in February, the Reserve Bank said. A Reuters poll had forecast that credit, which is driving a consumer spending boom, would rise 24.76 percent.
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