- Prior 2.3%
- 3 month moving average 2.2% vs 2.3% prior
- Private loans growth -1.9% vs 1.9% exp. Prior -2.0%
Falling money supply can also point towards a lower inflation picture but there are some quarters that say that the inflationary effects can be negated when coming after events like recessions.
EZ M3 money supply 25 10 2013
