Switzerland's broad money supply growth slowed for the second consecutive month in May, the Swiss National Bank said Thursday.
M3, the broad measure of money supply, grew at a pace of 6.2 percent annually in May, following last month's 6.3 percent increase.
On the other hand, the narrow measure, M1 growth accelerated to 9.9 percent from 9.5 percent a month ago.
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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.