The Czech Republic's money supply, measured by the M2 indicator, increased by 4.7% y/y to CZK 3.28tn ( EUR 119.2bn ) in December 2013 , easing from a 5.3% growth a month earlier, the monetary survey of the central bank showed. The annual rise in the M1 indicator, comprising of currency in circulation and overnight deposits, also eased reaching 7.5% in December, compared to an 8.5% growth in November. Loans to businesses and households rose by 3.7% y/y to CZK 2.2tn as of end-December, after a 4.4% expansion in the previous month. On a monthly basis, M1 increased by 1.4% in December and M2 expanded by 1.5%, after going up by 1.5% and 1%, respectively, in November.
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