FX.co ★ Japan’s M2 Growth Holds Steady at 2.0% Year-on-Year in October Data

Japan’s M2 money stock growth remained unchanged at 2.0% year-on-year, according to data updated on 13 October 2026. The current reading matches the previous figure of 2.0%, indicating stable expansion in the broad money supply.

Measured on a year-over-year basis, the indicator compares the change in the latest reported month with the same month a year earlier, while the prior figure reflects the change in the previous month relative to its year-ago level. The flat reading suggests that, at least from the perspective of broad liquidity in the banking system, Japan’s monetary conditions have not shifted materially between the two comparison periods.