Japan’s monetary supply up again in April

May 15, 2010
By Ken Worsley


On Thursday, the Bank of Japan released its preliminary figures for April monetary supply. The results show a 2.2% rise in M3 from April of last year, to 1.075 quadrillion yen. M3 includes currency in circulation, as well as money in deposit accounts, time deposits and certificates of deposit.

The M2 figure jumped 2.9% year-on-year, to 775.8 trillion yen. M2 excludes money held in deposits at Japan Post Savings and other financial institutions.

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