M3, bank lending up in July
Demand for credit remained to be the principal growth driver of money supply despite the apparent easing observed during the month.
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2 results for “M3 Growth”
Demand for credit remained to be the principal growth driver of money supply despite the apparent easing observed during the month.
Preliminary data show that domestic liquidity (M3) grew by 14.3 percent year-on-year to about P11.0 trillion in May 2018, slightly faster than the 14.2-percent…