Financial Aggregates May 2001

Credit provided to the private sector by financial intermediaries rose by 0.8 per cent in May, in seasonally adjusted terms, following a rise of 0.4 per cent in April. Total credit rose by 9.8 per cent over the year to May.

M3 rose by 1.0 per cent in May and broad money rose by 0.6 per cent, in seasonally adjusted terms. Over the year to May, M3 rose by 6.9 per cent and broad money rose by 6.2 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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