Financial Aggregates
May 2003
Release date: 30 June 2003
Total credit provided to the private sector by financial intermediaries rose by 0.8 per cent over May 2003, following a rise of 1.3 per cent over April. Over the year to May, total credit rose by 12.8 per cent.
M3 increased by 1.3 per cent and broad money rose by 1.4 per cent over May. Over the year to May, M3 increased by 11.6 per cent and broad money rose by 11.9 per cent.
All growth rates for the financial aggregates are 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.
Historical levels and growth rates for the financial aggregates have been revised owing to the resubmission of data by financial intermediaries.
Enquiries:
Media Office
Information Department
Reserve Bank of Australia
SYDNEY
Phone: +61 2 9551 9720
Fax: +61 2 9221 8033
E-mail: rbainfo@rba.gov.au
