Financial Aggregates November 2002

Total credit provided to the private sector by financial intermediaries rose by 0.7 per cent over November, following a rise of 0.5 per cent over October. Over the year to November, total credit rose by 10.8 per cent.

M3 increased by 1.2 per cent and broad money rose by 0.9 per cent over November. Over the year to November, M3 increased by 9.7 per cent and broad money rose by 8.9 per cent.

All growth rates for the financial aggregates are reported seasonally adjusted, and adjusted 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.

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