Financial Aggregates February 2005

Total credit provided to the private sector by financial intermediaries rose by 1.0 per cent in February, following a rise of 1.1 per cent in January. Over the year to February, total credit rose by 12.9 per cent.

Both M3 and broad money increased by 0.5 per cent in February. Over the year to February, M3 rose by 8.9 per cent and broad money increased by 8.6 per cent.

Historical levels and growth rates for the financial aggregates have been revised owing to the resubmission of data by some financial intermediaries.

All growth rates for the financial aggregates are seasonally adjusted, and adjusted for the effects of breaks in the series as recorded in the footnotes to tables. Figures showing the levels of financial aggregates are not adjusted for series breaks.

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