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New Zealand October M3 Money Supply Growth Slows

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New Zealand's M3 money supply grew 0.8% year-on-year in October, slower than the 2.7% growth in the previous month, the Reserve Bank of New Zealand reported on Friday. On a monthly basis, M3 money supply decreased 0.1%.

In October, M2 money supply was up 1.7% on year, faster than the 0.7% increase in the preceding month. At the same time, M1 money supply grew 2.8% after the 1.4% rise last month.

New Zealand's M3 money supply grew 0.8% year-on-year in October, slower than the 2.7% growth in the previous month, the Reserve Bank of New Zealand reported on Friday. On a monthly basis, M3 money supply decreased 0.1%. (Market News Provided by RTTNews)

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