South Africa's private sector credit grew at a faster pace and exceeded economists' expectations in April, data published by South African Reserve Bank revealed Thursday.
Claims on the domestic private sector increased 9.13 percent year-on-year, following the 7.85 percent rise in March. The rate was faster than the 8.8 percent rise forecast by economists.
The annual growth in M3 money supply accelerated to 9.98 percent from 8.07 percent in the previous month. This figure also exceeded the consensus forecast of 9.2 percent.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.