Czech June M2 Money Supply Growth Eases

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Friday, a report by the Czech National Bank said the M2 money supply grew 7.1% year-on-year in June, slower than a 7.3% rise in the preceding month. The money supply growth has now eased for the third consecutive month.

At the same time, the M1 money supply rose 8.7% on a yearly basis in June, faster than a 8.3% increase in the preceding month.

(Market News Provided by RTTNews)