News Column

Japan Money Supply Rises As Expected In July

August 10, 2014

TOKYO (Alliance News) - Money supply in Japan increased at a stable rate in July, confirming the consensus estimate, the Bank of Japan said Monday.

The M2 money stock grew 3% year-over-year in July, the same rate as in June. This confirmed economists' expectations.

The M3 money supply increased 2.4% year-over-year, in line with the consensus estimate, following a revised 2.5% increase in June.

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Source: Alliance News

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