M1 MEASURE OF MONEY SUPPLY FALLS 1.6 PCT IN AUGUST

2014/10/7

From：Macau Business

The narrow M1 measure of money supply decreased by 1.6 percent in August from the month before, official data show.

The Monetary Authority of Macau says the broader M2 measure decreased by 0.1 percent to MOP489.1 billion (US$61.24 billion).

The sum of all deposits in Macau banks rose by 0.9 percent to MOP801.8 billion.

Domestic loans to the private sector increased by 1.6 percent to MOP322.7 billion and external loans decreased by 1.5 percent to MOP342.9 billion.

Loans as a proportion of deposits increased by 0.5 percentage point to 83 percent.

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