South Korea's money supply growth held steady in February, after easing in the previous two months, figures from Bank of Korea showed Wednesday.
M2, a broad measure of money supply, rose a seasonally adjusted 8.0 percent year-over-year in February, the same rate of increase as in January.
On a monthly basis, M2 money supply increased at a faster pace of 1.0 percent in February, following a 0.2 percent climb in the prior month.
Annual growth in liquidity accelerated to 8.6 percent in February from 8.4 percent at the start of the year. Month-on-month, it went up 0.7 percent, but slower than previous month's 1.1 percent hike.
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.