Financial Aggregates March 2001

Release date:

Credit provided to the private sector by financial intermediaries rose by 0.4 per cent in March, in seasonally adjusted terms, following a rise of 1.3 per cent in February. Total credit rose by 10.8 per cent over the year to March.

M3 rose by 0.6 per cent in March and broad money rose by 0.7 per cent, in seasonally adjusted terms. Over the year to March, M3 rose by 7.5 per cent and broad money rose by 7.1 per cent.

Growth rates are reported after adjusting for the effects of the breaks in series recorded in the footnotes to tables. Figures showing the levels of financial aggregates are not adjusted for series breaks.

Enquiries

Media Office
Information Department
Reserve Bank of Australia
SYDNEY

Phone: +61 2 9551 9720
Fax: +61 2 9551 8033
E-mail: rbainfo@rba.gov.au