Tuesday, the Swiss National Bank revealed in a report that the M3 money supply rose 3.4% year-over-year in March, slower than the 4.1% increase in the previous month. A year ago, the money supply was up 2.7%.
The M2 money supply increased 30% in March, larger than the 27.2% rise seen in February. A year ago, M2 money supply was down 4.2%.
Meanwhile, the M1 money supply grew 36.6% in March, compared with 34.4% increase in February.
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