MONEY supply growth picked up in December even as bank lending dipped, data released by the Bangko Sentral ng Pilipinas (BSP) on Tuesday showed.

Preliminary data showed that domestic liquidity or M3 expanded by 6.4 percent year on year to about P16.3 trillion in December, the central bank said in a statement, higher than November's revised 5.5-percent growth.

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