Japan Sep M2 Money Stock +2.7% Y/Y Vs +2.7% In Aug

— Japan Sep M3 Money Stock +2.3% Y/Y Vs Aug +2.2%

TOKYO (MNI) – Japan’s money stock, measured by the key M2
aggregate, rose 2.7% in September from a year earlier, with the pace of
growth unchanged from the 2.7% rise in August, data from the Bank of
Japan showed on Friday.

The broader M3 money stock aggregate rose 2.3% y/y after rising
2.2% in August.

Quasi-money — cash equivalents and other assets that are easily
convertible into cash — was unchanged in September from a year earlier
following a 0.2% fall in August.

The narrow measure of money supply, M1, which consists of currency
in circulation and deposit money, rose 5.2% on year in September, after
rising 5.0% in the previous month.

Certificates of deposit were down 3.5% in September after falling
0.6% in August.

tokyo@marketnews.com
** Market News International Tokyo Newsroom: 81-3-5403-4835 **

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