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.
Related Articles
Eurozone manufacturing growth hits four-year high in April but Middle East war drives record price surge
Eurozone manufacturing activity expanded at the fastest pace in nearly four years in April as factories rushed to build safety stocks ahead of expected price rises and supply shortages linked to the ... more
Fears grow of Russian interference in Central European media space
Two thirds of Central Europeans are concerned about Russian interference in their country’s media or public opinion, according to a new poll conducted by MEDIAN on behalf of the ... more
Four Czechs on Kyrgyzstan skiing holiday killed in avalanches
Four Czech citizens on a skiing holiday were killed in avalanches that occurred in Kyrgyzstan's northern district of Ak-Suu over the weekend, according to the Issyk-Kul regional police department. ... more