Japan March monetary base up 2.1 pct year/year – BOJ

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TOKYO, April 2 (BestGrowthStock) – Japan’s monetary base rose 2.1
percent in March from a year earlier, Bank of Japan data showed
on Friday, but the pace of growth slowed for a third straight
month.

Current account deposits at the central bank grew 13.0
percent, after increasing 15.3 percent in February.

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
March +2.1 +0.4 -0.6 +13.0 +11.1 +3.0
Feb +2.2 +0.1 -0.7 +15.3 +15.7 -16.8
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

Average outstanding monetary base:

March: 96.4571 trillion yen ($1,028 billion)

Feb: 95.6928 trillion yen ($1,020 billion)

For the full tables, click on
http://www.boj.or.jp/en/type/stat/boj_stat/mb/base1003.htm

Investment Research

(Reporting by Rie Ishiguro)

Japan March monetary base up 2.1 pct year/year – BOJ