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Swiss money supply growth accelerates in July

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Staff Writer | August 23, 2016
Swiss money supply grew at the fastest pace since early 2015, the Swiss National Bank reported.
Swiss National Bank
European economy   The fastest growth since January 2015
Money supply grew 2.7 percent in July from prior year, following a revised 2.3 percent rise in June. This was the fastest growth since January 2015, when M3 climbed 2.8 percent.

Similarly, the narrow measure M1 moved up 2.3 percent annually, faster than the 1.4 percent increase in June.

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