The M2 money stock in Japan was up 3.4 percent on year in June, the Bank of Japan said on Monday, coming in at 940.6 trillion yen.

That matched forecasts and was unchanged from the May reading.

The M3 money stock added 2.8 percent on year to 1,260.5 trillion yen – also in line with expectations and unchanged from the previous month.

The L money stock added 1.9 percent to 1,643.5 trillion yen, slowing from 2.3 percent a month earlier.

For the second quarter of 2016, M2 added 3.4 percent on year and M3 gained 2.9 percent, while L advanced 2.3 percent.

The material has been provided by InstaForex Company – www.instaforex.com