Financial News: Japan M2 Money Stock Climbs 1.2% On Year

Japan M2 Money Stock Climbs 1.2% On Year In October

11/11/2024 - 19:11:00 (RTTNews)

(RTTNews) - The M2 money stock was up 1.2 percent on year in October, the Bank of Japan said on Tuesday - coming in at 1,249.8 trillion yen.

That was shy of expectations for an increase of 1.5 percent but was unchanged from the September reading following a downward revision from 1.3 percent.

The M3 money stock was up an annual 0.7 percent for the second straight month, while the L money stock increased 3.2 percent on year for the third straight month.

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