The Broad M2 Money Supply in Taiwan rose by 3.42% year-on-year to TWD 65,377 billion in July 2025, slowing from a 3.45% increase in the previous month. This growth was mainly driven by deferred income tax payments, which caused the timing of tax receipts by the Treasury to differ from that of the previous year. Considering the first seven months of the year, the average annual growth rate was 4.16%.