Monday, 30 June 2014

Money Supply Growth Decreases Slightly in May for Norway

The year on year growth rate in the money supply for Norway, measured as M2 excluding Money Market Fund Shares, decreased from 7.4% last month to 6.6% in May.

The money supply in Norway has not increased since January and the current year on year growth rate was lower than the long term average of 7.1% since 1996.