GROWTH in money supply accelerated in March but expansion in bank lending lost pace as loans for production activities slowed, the Bangko Sentral ng Pilipinas (BSP) said on Friday.
Domestic liquidity or M3 expanded by 11.7 percent in March, from February’s revised 11.2 percent uptick, to P8.5 trillion. Month-on-month and seasonally adjusted, M3 growth was 1.7 percent.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.