Croatias money supply grows by 4.2% y/y in August.

By bne IntelliNews October 4, 2011
The monetary supply, measured by the broadest monetary aggregate (M4) grew by 4.2% y/y to HRK 241.4bn (EUR 32.3bn) as of end-August, decelerating from the reported 4.4% y/y increase a month earlier, the central bank reported. In m/m terms, the money supply was up by 1.9%. The monetary base edged up by 6.2% y/y to HRK 58.1bn, while the monetary aggregate M1 registered a rise of 5.4% y/y to HRK 54bn. Within the broadest monetary aggregate, the savings and time deposits increased by 8.7% y/y to HRK 39.6bn, while the foreign currency deposits surged by 2.3% y/y to HRK 145.8bn. Bonds and money market instruments accounted for HRK 1.99bn, increasing by 43.1% y/y, after being up by 40.5% y/y in the previous month.

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