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Japan M2 Money Stock Climbs 4.2% In August

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

The M2 money stock in Japan jumped 4.2 percent on year in August, the Bank of Japan said on Wednesday, coming in at 912.3 trillion yen.

That exceeded forecasts for an increase of 4.1 percent following the downwardly revised 4.0 percent gain in July.

The M3 money stock gained an annual 3.4 percent to 1,229.3 trillion yen - also topping expectations for 3.3 percent, which would have been unchanged.

The L money stock jumped 4.7 percent on year to 1,627.9 trillion yen after gaining 4.6 percent a month earlier.

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