SA credit demand rises at slowest pace since July
Household credit continues to pick up despite higher interest rates
31 January 2023 - 11:27
SA’s private-sector credit demand rose for the 18th month running in December, but with interest rates at their highest level since 2009 signs of demand slowing are starting to emerge.
Reserve Bank data released on Tuesday shows that credit demand rose 7.7% in December, slowing from November’s 8.3%. ..
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