FX.co ★ Japan M2 Money Stock Adds 1.9% On Year In May

The Bank of Japan reported on Tuesday that Japan's M2 money stock in May increased by 1.9% year-over-year, reaching 1,259.0 trillion yen. This growth rate follows a 2.2% annual increase recorded in April.

Similarly, the M3 money stock rose by 1.3% year-over-year in May, totaling 1,611.3 trillion yen, compared to a 1.6% increase in the previous month.

Additionally, the L money stock saw a year-over-year rise of 3.3% in May, amounting to 2,182.8 trillion yen, an acceleration from the 2.7% growth observed the month before.