Asian Economic News

Japan M2 Money Stock +3.7% On Year In July

The M2 money stock in Japan was up 3.7 percent on year in July, the Bank of Japan said on Friday, standing at 850.4 trillion yen.

That missed expectations for an increase of 3.8 percent, which would have been unchanged from the June reading.

M3 money stock added an annual 3.0 percent to 1,160.5 trillion yen. That also missed forecasts for a gain of 3.1 percent - which would have been unchanged from June following an upward revision from 3.0 percent.

The L money stock added 3.4 percent on year to 1,511.2 trillion yen, after rising 3.2 percent in the previous month.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Asian Economic News