MONEY supply and bank lending grew at a slower pace in July from the previous month, Bangko Sentral ng Pilipinas (BSP) data showed Friday.

Domestic liquidity or M3 expanded by 11.8 percent to P8.7 trillion in August from a year earlier, but slower compared with 13.1 percent in July. Month-on-month, M3 decreased by 0.2 percent.

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