Financial Aggregates August 2001

Release date: 28 September 2001

Credit provided to the private sector by financial intermediaries rose by 0.7 per cent in August, in seasonally adjusted terms, following a rise of 0.1 per cent in July. Total credit rose by 8.5 per cent over the year to August.

M3 rose by 1.1 per cent in August and broad money rose by 0.4 per cent, in seasonally adjusted terms. Over the year to August, M3 rose by 7.7 per cent and broad money rose by 5.8 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.

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