Slovakias M1 money supply grows 7.2% y/y at end-January 2013.

By bne IntelliNews March 6, 2013
Slovakias M1 money supply, which includes currency in circulation and overnight deposits, rose 7.2% y/y to EUR 27.66bn as of end-January 2013, following a 6% annual growth in December 2012, preliminary data from the country's central bank showed. The M2 money aggregate increased by 6.2% y/y to EUR 42.62bn at end-January, after a 7.3% yearly rise in the previous month. The M3 broad money grew 5.9% y/y to EUR 42.94bn, following a 6.6% increase in December. On a monthly basis, M1 narrowed by 2.2% in January, M2 shrank by 1.4% and M3 also fell by 1.4%.

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