JOHANNESBURG, June 21 (Reuters) – Spending growth in South
Africa slowed to 4.3 percent in the first quarter of this year,
compared with 5.1 percent in the fourth quarter of 2011, as both
government and households tightened purse strings.
Household debt to disposable income inched lower to 74.7
percent from a slightly revised 74.8 percent in the fourth
quarter.
(Reporting by Xola Potelwa; Editing by Ed Cropley)
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