Japan M2 Money Stock Holds Steady At 3.2% … RTT

Japan M2 Money Stock Holds Steady At 3.2% In May

The M2 money stock in Japan was up 3.2 percent on year in May, the Bank of Japan said on Monday – coming in at 1,003.2 trillion yen.

That was unchanged from the April reading following a downward revision from 3.3 percent.

The M3 money stock was up 2.7 percent on year to 1,331.3 trillion yen – again unchanged from the previous month following a downward revision from 2.8 percent.

The L money stock advanced an annual 3.0 percent to 1,743.5, slowing from 3.1 percent in the previous month.

by RTTNews Staff Writer

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