cbr quarterly_review, 2004-06-30
Against the backdrop of the downward trends of cash and transaction accounts, at the end of 2004 Q2 the rates of growth of the M1 aggregate (it is similar to the “money” aggregate in the monetary survey definition) were slower than those of quasi-money, the savings component of the broad money supply M2X (the opposite was true a year earlier).
Sentiment: neutral
Topic: mp_inflation