SA credit growth showing signs of slowing

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By Kevin Lings

In May 2008, SA growth in broad money supply (M3) was recorded at 20.9% y/y, down fractionally from 21.1% y/y in April. The market was expecting growth of 20.4% y/y. In May, claims on the private sector rose by a still relatively robust R15.9bn. Overall, while M3 growth remains […]

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Hat tip: Barry Ritholtz’s The Big Picture, June 24, 2008.

 

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