Financial Aggregates February 2002

Credit provided to the private sector by financial intermediaries rose by 1.1 per cent in February, in seasonally adjusted terms, following a rise of 0.4 per cent in December. Total credit rose by 8.0 per cent over the year to February.

M3 and broad money rose by 0.5 and 0.3 per cent respectively in February, in seasonally adjusted terms. Over the year to February, M3 rose by 3.6 per cent and broad money rose by 10.5 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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