South Africa Economic Indicator (Monthly Report) - July 2019

In May, household credit growth remained more or less steady at 6.1% year-on-year compared with 6% recorded in April. Aggregating seasonally adjusted growth by type of credit, the month-on-month momentum in households’ credit still appeared fairly strong. Month-on-month growth in households’ mortgage advances also improved slightly, although this remained weaker than late last year.

Subscribers to EasyData can download the complete report in PDF format on

Share this article on