M3 growth slows amid continued lending

By Mayvelin U. Caraballo

May 06, 2022 12:23 am

MONEY supply expanded at a slower pace in March even as bank lending picked up, data released by Bangko Sentral ng Pilipinas (BSP) on Thursday showed.

Domestic liquidity (M3) climbed 7.6 percent year on year to P15.2 trillion last month, easing from February's 8.5 percent. M3 growth was broadly unchanged month on month and seasonally adjusted.

Bangko Sentral ng Pilipinas (BSP)

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