Mon, 11 Mar 2013 12:55:04 GMT
Japanese M2 money supply grows by 2.9% last month
The Bank of Japan reported on Monday that M2 money stock gained 2.9% on year-over-year basis in February and was equal to 828.2 trillion Yen in absolute terms. The increase was higher than anticipated by analysts, which expected a slightly lower increase of 2.7%. Japanese broad money gained 2.4%, which was also more than expected.