LOGO
LOGO

European Economic News

Romania M3 Money Supply Rises 8.5% In June

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Romania's broad money supply increased from last year in June, data released by the National Bank of Romania showed Tuesday.

The M3, or broad money supply, grew 8.5 percent annually in June. Compared to May, however, it decreased by 1.7 percent during the month.

Among components of the M3, net domestic assets were higher by 11.4 percent from a year earlier in June, while net foreign assets declined 9.3 percent, data showed.

The M2, or intermediate money supply, advanced 10.4 percent year-on-year during the month. On a monthly basis, the M2 decreased 1 percent. At the same time, the M1, or narrow money supply, climbed 9.7 percent from last year in June, while sequentially it rose 1.4 percent.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

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.

Latest Updates on COVID-19