Financial Aggregates October 2006

Release date:

Total credit provided to the private sector by financial intermediaries rose by 1.1 per cent over October 2006, following a rise of 1.0 per cent over September.  For the year to October, total credit rose by 14.7 per cent.

Over the month of October, M3 grew by 1.7 per cent and broad money by 1.3 per cent. Over the year to October, broad money rose by 12.9 per cent.

Historical levels and growth rates for the financial aggregates have been revised owing to the resubmission of data by some financial intermediaries, re-estimation of seasonal factors, and the quarterly incorporation of securitisation data.

All growth rates for the financial aggregates are seasonally adjusted, and adjusted for the effects of breaks in the series as recorded in the footnotes to tables. Figures showing the levels of financial aggregates are not adjusted for series breaks.

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