Japan Jan monetary base up 4.9 pct year/year – BOJ

(For more stories on the Japanese economy, click [ID:nECONJP])

TOKYO, Feb 2 (BestGrowthStock) – Japan’s monetary base rose 4.9
percent in January from a year earlier, Bank of Japan data showed
on Tuesday, a slightly slower rise than the previous month’s 5.2
percent.

Current account deposits at the central bank grew 43.4
percent, after increasing 53.6 percent in December.

Details were as follows (percent, year-on-year, with final
column showing seasonally adjusted month-on-month change in
monetary base):

Monetary BOJ note Coins Current Bank Month-

base issuance in circ deposits resrvs on-month
Jan +4.9 -0.2 -0.7 +43.4 +38.2 +13.4
Dec +5.2 -0.3 -0.7 +53.6 +47.4 +10.8*
Nov +3.8 -0.3 -0.4 +43.4 +39.5 +2.6*
Oct +4.4 0.0 -0.2 +43.8 +41.4 +4.2*
Sept +4.5 +1.0 -0.1 +37.5 +34.4 -2.1*
Aug +6.1 +0.5 -0.2 +64.6 +56.2 +4.3*
July +6.1 +0.7 -0.2 +63.2 +53.5 -2.5*

* denotes a revised figure.

Average outstanding monetary base:

Jan: 98.0675 trillion yen ($1,081 billion)

Dec: 97.2143 trillion yen ($1,052 billion)

For the full tables, click on
http://www.boj.or.jp/en/type/stat/boj_stat/mb/base1001.htm

Stock Market Analysis

($1=90.70 Yen)
(Reporting by Hideyuki Sano)

Japan Jan monetary base up 4.9 pct year/year – BOJ