Japan M2 Money Stock +3.0% On Year In September
The M2 money stock in Japan was up 3.0 percent on year in September, the Bank of Japan said Tuesday - standing at 876.8 trillion yen. That exceeded forecasts for an increase of 2.9 percent and it marked the fourth straight month with the same reading. The M3 money stock added an annual 2.5 percent to 1,190.2 trillion yen versus forecasts for 2.4 percent, which would have been unchanged. The L money stock gained 3.2 percent on year to 1,565.1 trillion yen after gaining 3.1 percent a month earlier.
News are provided by InstaForex.