Housing credit in Mozambique hits one-year low

Housing credit in Mozambique fell in July to its lowest level in at least a year, contracting 4.1% in a single month to 7.189 billion meticais (98 million euros), according to central bank data. According to the Bank of Mozambique’s latest statistical report, the mortgage credit stock declined from 7.495 billion meticais (102 million euros)… Source

Housing credit in Mozambique hits one-year low
Housing credit in Mozambique fell in July to its lowest level in at least a year, contracting 4.1% in a single month to 7.189 billion meticais (98 million euros), according to central bank data. According to the Bank of Mozambique’s latest statistical report, the mortgage credit stock declined from 7.495 billion meticais (102 million euros)…

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