The M2 money stock in Japan climbed 4.0 percent on year in May, the Bank of Japan said on Tuesday – coming in at 906.7 trillion yen.
That exceeded forecasts for an increase of 3.6 percent, which would have been unchanged from the April reading.
The M3 money stock was up 3.3 percent on year to 1,221.3 trillion yen – also beating expectations for 3.0 percent, which also would have been unchanged.
The L money stock advanced 4.3 percent on year to 1,610.9 trillion yen after gaining 4.0 percent in the previous month.
The material has been provided by InstaForex Company – www.instaforex.com