10 September 2001, 09:23 Japan August M2+CDs up 3.4 pct yr-on-yr vs rise 3.3 pct in July
TOKYO (AFX-ASIA) - Money supply in August as measured by M2+CDs
rose 3.4 pct year-on-year after rising 3.3 pct in July, the Bank of
Japan said.
The central bank provided the following August year-on-year money
supply details, compared with the previous month, including initial
estimates here:
Near money - down 3.5 pct vs down revised 3.5 pct
Provisional July estimate - down 3.6 pct
Certificates of deposit - up 71.8 pct vs up revised 92.4 pct
Provisional July estimate - up 92.8 pct
M1 - up 9.7 pct vs up revised 8.6 pct
Provisional July estimate - up 8.7 pct
Private sector economists earlier predicted a rise in M2+CDs of
between 3.1 and 3.6 pct, with a consensus of around 3.4 pct.
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