Czech Republic's M2 money supply up 4.4% in March 2013.

By bne IntelliNews May 2, 2013

The Czech Republic's money supply, measured by the M2 indicator, increased by 4.4% y/y to CZK 3.111tn (EUR 121.2bn) in March 2013, following a revised 4.1% growth a month earlier, the monetary survey of the central bank showed. The annual rise in the M1 indicator speeded up to 8.6% from 7.5% in February.

Loans to businesses and households rose by 3.3% y/y to CZK 2.146tn as of end- March 2013, after a 3.1% expansion in the previous month.

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