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Japan Oct Bank Lending +1.5% On Year 11 days ago
(RTTNews) - Overall bank lending in Japan was up 1.5 percent on year in October, the Bank of Japan said on Tuesday, matching expectations following the revised 1.5 percent annual gain in September.
Excluding trusts, bank lending also rose 1.5 percent after the revised 1.6 percent increase in the previous month. Adjusted lending showed a 1.9 percent annual increase following the 2.3 percent gain a month earlier.
M2 money stock was up 3.3 percent on year, while M3 money stock added 2.4 percent. Both were roughly in line with expectations.
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