M3, bank lending growth ease in June

Aug 01, 2018 12:32 am

MONEY supply and bank lending growth both decelerated in June, the Bangko Sentral ng Pilipinas (BSP) reported on Tuesday.

Domestic liquidity or M3 expanded by 11.3 percent year on year to P11.058 trillion, slower than May’s 14.3 percent. Month-on-month and seasonally adjusted, M3 decreased by 0.1 percent.

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