Economy And The Numbers
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Swiss Money Supply Growth Slows Slightly In May

6/21/2012 3:41 AM ET

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.

by RTT Staff Writer

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