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Global Economic News

Japan M2 Money Stock Rises 3.1% In February

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

The M2 money stock climbed 3.1 percent on year in February, the Bank of Japan said on Wednesday - coming in at 919.3 trillion yen.

That was shy of expectations for an increase of 3.2 percent, which would have been unchanged from the January reading.

The M3 money stock was up an annual 2.5 percent to 1,237.7 trillion yen - beneath forecasts for 2.6 percent, which would have been unchanged following an upward revision from 2.5 percent in January.

The L money stock climbed 3.9 percent to 1,640.8 trillion yen.

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