Czech Republic’s M2 money supply up 4% in Feb 2013.

By bne IntelliNews April 2, 2013

The Czech Republic’s money supply, measured by the M2 indicator, increased by 4% y/y to CZK 3.113tn (EUR 121bn) in February 2013, following a 4.6% growth a month earlier, the monetary survey of the central bank showed. After staying flat for two straight months, the annual rise in the M1 indicator eased to 7.5% in February from 8.4% in January and December.

Loans to businesses and households rose by 3.1% y/y to CZK 2.138tn as of end-February 2013, following the same pace of increase in January.

Related Articles

VW attempts to placate Czech passions over Skoda production move to Germany

Volkswagen on October 11 attempted to placate Czechs angered that their 'family silver' carmaker Skoda Auto ... more

Controversial Czech company threatens Kyrgyzstan with arbitration for loss of hydro contracts

Czech company Liglass Trading has threatened Kyrgyzstan with international arbitration for the annulling of contracts to build and run 12 hydroelectric power plants, Reuters ... more

CEZ’s attempts to sell Bulgarian assets reportedly suspended

The sale procedure initiated by CEZ for its assets in Bulgaria has been suspended, Bulgaria’s Energy Minister Temenujka Petkova said ... more