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Alliance News

Japan M2 Money Stock Rises 3.3% In February

Fri, 9th Mar 2018 00:06

TOKYO (Alliance News) - The M2 money stock in Japan was up 3.3% on year in February, the Bank of Japan said on Friday - coming in at 987.4 trillion yen.

That was in line with expectations and down from 3.4% in January.

The M3 money stock gained an annual 2.8% to 1,316.0 trillion yen - again matching forecasts and down from 2.9% in the previous month.

The L money stock advanced 3.1% to 1,729.9 trillion yen, slowing from 3.3% a month earlier.

Copyright RTT News/dpa-AFX

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