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South Africa Economic Indicator — February 2021 Report

February 04, 2021

There has been a notable moderation in the uptake of credit by households during 2020. However, the bottoming out and slight upward momentum during the past few months, is encouraging and should support the recovery in household consumption expenditure (HCE) in 2021. Year-on-year growth in households’ credit grew by 3% y/y in December compared with 2.8% y/y in November.

Subscribers to EasyData can download the complete report in PDF format on www.easydata.co.za.


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