Financial News: Japan Monetary Base Slips 0.1% On Year In

Japan Monetary Base Slips 0.1% On Year In September

10/01/2024 - 19:55:00 (RTTNews)

(RTTNews) - The monetary base in Japan was down 0.1 percent on year in September, the Bank of Japan said on Wednesday - coming in at 669.446 trillion yen.

That follows the 0.6 percent gain in August.

Banknotes in circulation were down an annua; 1.1 percent, while current account balances rose 0.2 percent - including a 3.0 percent jump in reserve balances.

For the third quarter of 2024, the monetary base rose 0.5 percent.

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