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N. Macedonia's M1 money supply up 9.3% y/y at end-May

Jun 20, 2024, 1:24:11 PMArticle by Dragana Petrushevska
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June 20 (SeeNews) - North Macedonia's M1 money supply totalled 260.8 billion denars ($4.5 billion/4.2 billion euro) at the end of May, up 9.3% year-on-year, data from the country's central bank showed on Thursday.

N. Macedonia's M1 money supply up 9.3% y/y at end-May
Toshe Ognjanov/Shutterstock.com

Compared to the value at the end of the previous month, M1, which includes cash in circulation and demand deposits, was 0.4% higher at the end of May, according to figures published by the central bank.

Details of North Macedonia's money supply follow (in billions of denars):

May '24 April '24 May '23
M1 260.8 259.9 238.7
M2 (M1+short-term deposits) 475.9 473.7 452.7
M3 533.8 529.9 503.8

(1 euro = 61.54 denars)

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