Efficient Research – The Mail & Guardian

/ 29 February 2008

Credit growth quickens, clouds rates picture

Growth in demand for credit by South Africa’s private sector accelerated to 23% in January, official data showed on Friday, raising the chances interest rates may have to rise again. Figures from the Reserve Bank showed that year-on-year credit growth quickened from an upwardly revised 21,57% in December.

By Staff Reporter

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Article

/ 17 October 2007

August retail sales at 6,9%

South Africa’s retail trade sales picked up again in August, increasing by 6,9% year-on-year, in comparison to July’s 4,9% year-on-year rise, according to data released by Statistics SA on Wednesday. Total retail sales at constant 2000 prices reached R24,5-billion in August, up from R24,1-billion in July 2007.

By Sherilee Bridge