RTTNews - Monday, the Swiss National Bank said M3 money supply growth increased to 4.2% in May from 3.4% in April. In the same period of previous year, the annual growth rate was 2.9%.
At the same time, growth in M2 stood at 35.1% in May compared to 32.8% seen in April. At the same time, M1 surged 41.7%, larger than the 39% recorded in the previous month.
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