New Zealand's money supply growth eased in July after accelerating in the previous two months, figures from the Reserve Bank of New Zealand showed Monday.
The broad money supply, or M3, grew 9.3 percent year-over-year to NZ$298.16 billion in July. This follows a 9.5 percent climb in June.
In the corresponding month of the preceding year, money supply had risen 5.4 percent.
The intermediate money supply, or M2, increased at a slower pace of 14.9 percent annually in July, following a 15.8 percent sharp rise in June.
On a monthly basis, the broad money supply went up 0.6 percent in July after a 1.4 percent hike in the prior month.
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.
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.