Japan M2 Money Stock Rises 1.3% On Year In December

(RTTNews) - The M2 money stock in Japan was up 3.2 percent on year in December, the Bank of Japan said on Wednesday - coming in at 1,257.7 trillion yen.

That exceeded expectations for 1.3 percent, which would have been unchanged from the previous three months.

The M3 money stock rose an annual 0.8 percent to 1,609.5 trillion yen, while M1 was up 1.3 percent to 1,096.5 trillion yen.

The L money stock climbed 3.7 percent on year to 2,195.6 trillion yen following the 3.5 percent increase in the previous month.