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Global Economic News

Japan M2 Money Stock Climbs 3.7% In October

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

The M2 money stock in Japan was up 3.7 percent on year in October, the Bank of Japan said on Thursday - coming in at 945.1 trillion yen.

That exceeded forecasts for 3.6 percent following the downwardly revised 3.5 percent increase in September (originally 3.6 percent).

The M3 money stock advanced an annual 3.2 percent versus forecasts for 3.1 percent after gaining a downwardly revised 3.0 percent in the previous month (originally 3.1 percent).

The L money stock added 1.9 percent to 1,656.0 trillion yen.

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