Global Economic News

Japan M2 Money Stock +4.3%, M3 +3.6% In April

The M2 money stock in Japan was up 4.3 percent on year in April, the Bank of Japan said on Friday - coming in at 975.5 trillion yen.

That was in line with expectations and up from 4.2 percent in March following a downward revision from 4.3 percent.

The M3 money stock was up 3.6 percent on year at 1,299.4 trillion yen - unchanged and matching forecasts.

The L money stock gained an annual 2.7 percent to 1,692.1 trillion yen after adding 2.5 percent in the previous month.

by RTTNews Staff Writer

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