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Financial News: Japan M2 Money Stock Climbs 2.8% On Year

Japan M2 Money Stock Climbs 2.8% On Year In September

10/11/2018 - 20:05:00 (RTTNews)

(RTTNews) - The M2 money stock in Japan was up 2.8 percent on year in September, the Bank of Japan said on Friday - coming in at 1,006.5 trillion yen.

That was shy of expectations for 2.9 percent, which would have been unchanged from the August reading.

The M3 money stock was up an annual 2.5 percent to 1,337.7 trillion yen - in line with expectations and unchanged from the previous month.

The L money stock gained 2.3 percent on year to 1,787.4 trillion yen - up from the 2.2 percent gain a month earlier.

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