Macedonias money supply growth decelerates at end-January 2013.

By bne IntelliNews February 22, 2013
The annual growth of the monetary aggregates M1, M2 and M4 slowed down at end-January, central bank data showed. M1 rose by 4% y/y to MKD 62.6bn (EUR 1.02bn) at end-January, decelerating from 7.6% y/y a month earlier. M2 dropped by 1.1% y/y to MKD 214.8bn at the end of last month, reversing a 0.5% y/y increase at end-December. The local currency component of M2 edged up by 0.5% y/y to MKD 120.7bn at end-January, slowing down from 3.2% y/y a month earlier. The annual growth of M4 also went down, from 4.4% at end-December to 3.8% at end-January, when the aggregate stood at MKD 265bn.

Macedonias money supply growth decelerates at end-January 2013.

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