Switzerland's broad money supply expanded at a slower pace in April, data released by the Swiss National Bank showed Monday.
The M3, or broad money supply increased 6.3 percent on an annual basis in April, slower than the 6.6 percent growth seen in March. In February, the money supply rose 6.4 percent year-on-year.
At the same time, the intermediate money supply, or M2 advanced at a slower pace of 8.4 percent in April than 8.9 percent in March. The narrow money supply, or M1 rose 9.5 percent year-on-year during the month, after growing 10.4 percent in the previous month, data showed.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.