Swiss M3 Money Supply Unchanged In August

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Monday, the Swiss National Bank said in a report that the M3 money supply increased 7.7% year-on-year in August, unchanged from the previous month. A year ago, the M3 money supply was up 2.5%.

The M2 money supply climbed 41.8% on an annual basis in August, faster than the 41.3% growth in the previous month.

At the same time, the M1 money supply rose 48.9%, slower than the 49.1% growth in the previous month.

Monday, the Swiss National Bank said in a report that the M3 money supply increased 7.7% year-on-year in August, unchanged from the previous month. A year ago, the M3 money supply was up 2.5%. (Market News Provided by RTTNews)