ECONOMIC WEEK AHEAD: August trade balance and credit data in spotlight
29 September 2024 - 16:15
At the start of the week, the SA Reserve Bank will release August’s private sector credit extension (PSCE) data.
In July, PSCE growth moderated to 3.5% year on year, down from 4.3% in June. This slowdown was primarily driven by a deceleration in corporate credit growth, which eased to 3.7% from 5.1% year on year. Household credit growth also moderated slightly, from 3.3% to 3.2% year on year over the same period...
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