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Serbia's M3 money supply grows 8.4% y/y in December - table

Author Radomir Ralev
Serbia's M3 money supply grows 8.4% y/y in December - table Source: Statistical Office of the Republic of Serbia

BELGRADE (Serbia), January 27 (SeeNews) - Serbia's M3, the broadest gauge of the country's money supply, increased by 8.4% year-on-year to 2.824 trillion dinars ($26.5 billion/24 billion euro) at end-December after growing by 12.5% in November, the central bank, NBS, said.

On a monthly comparison basis, Serbia's M3 money supply rose by 3.3% in December, according to a report posted on the website of the central bank.

Serbia's M1 rose 14.1% on the year to 903.7 billion dinars in December, after growing by 17.2% in November.

Details follow (in billions of dinars, nominal change in percent):

  Dec'19 Dec'19 y/y Nov'19 Nov'19 y/y
M1 903.7 14.1% 841.6 17.2%
M2 1,186.7 16.6% 1,106.3 18.0%
M3 2,823.6 8.4% 2,734.1 12.5%

(1 euro = 117.483 dinars)

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