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Financial News: Japan M2 Money Stock Climbs 4.1% In January

Japan M2 Money Stock Climbs 4.1% In January

02/08/2017 - 19:37:00 (RTTNews)

(RTTNews) - The M2 money stock in Japan was up 4.1 percent on year in January, the Bank of Japan said on Thursday - standing at 961.6 trillion yen.

That exceeded forecasts for a gain of 4.0 percent, which would have been unchanged from the December reading.

The M3 money stock was up an annual 3.5 percent to 1,285.9 trillion yen - in line with expectations and up from 3.4 percent in the previous month.

The L money stock added 5.8 percent to 1,678.6 trillion yen after rising 6.2 percent a month earlier.

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