8 November 2001, 08:39 Japan Oct M2+CDs up 3.6 pct yr-on-yr vs 3.7 pct rise in Sept
TOKYO (AFX-ASIA) - Money supply in October as measured by M2+CDs
rose 3.6 pct year-on-year after rising 3.7 pct in September, the Bank
of Japan said.
The central bank provided the following October year-on-year money
supply details, compared with the previous month, including initial
estimates:
Near money - down 3.9 pct vs down revised 3.3 pct
Provisional Sept estimate - down 3.5 pct
Certificates of deposit - up 50.6 pct vs up revised 44.6 pct
Provisional Sept estimate - up 44.9 pct
M1 - up 11.7 pct vs up revised 11.7 pct
Provisional Sept estimate - up 11.8 pct
Private sector economists earlier predicted a rise in M2+CDs of
between 3.6 and 3.7 pct, with a consensus of 3.7 pct.
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