Japan May monetary base up 3.7 pct year/year – BOJ

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TOKYO, June 2 (BestGrowthStock) – Japan’s monetary base rose 3.7
percent in May from a year earlier, Bank of Japan data showed on
Wednesday.

Current account deposits at the central bank grew 22.9
percent, after increasing 14.6 percent in April.

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
May +3.7 +0.6 -0.4 +22.9 +18.6 +12.4
April +2.9 +0.9 -0.5 +14.6 +14.7 +18.1
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

* denotes a revised figure.

Average outstanding monetary base:

May: 98.4323 trillion yen ($1,082 billion)

April: 98.3836 trillion yen

For the full tables, click on
http://www.boj.or.jp/en/type/stat/boj_stat/mb/base1005.htm

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(Reporting by Leika Kihara)

Japan May monetary base up 3.7 pct year/year – BOJ