M3 growth slows, bank lending up in July

By The Manila Times

Aug 31, 2018 4:26 pm

GROWTH in the country’s money supply slowed in July despite faster expansion in bank lending, the central bank reported on Friday.

Domestic liquidity or M3 expanded by 11 percent year-on-year to P11.103 trillion, slower than June's revised 11.8 percent growth.

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