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Financial News: Money Supply Decreased in March, Economic Credit Growth Slowed.

Financial News: Money Supply Decreased in March, Economic Credit Growth Slowed.

Published on: 2026-04-27

Source: Central Bank of Russia – Central Bank of Russia –

An important disclaimer is at the bottom of this article.

The broad money supply M2X decreased by 1.0% due to a reduction in funds on the deposits of organizations, which was associated with a shift of February tax payments to March.

The annual growth of M2 money supply slowed from 12.4% in February to 12.2% in March, and credit to the economy decreased from 9.6% to 8.9%.

Credit to the economy still determines the dynamics of the money supply. At the same time, the contribution of the budget sector to the annual growth of the money supply increased in March.

Read more in the material“Monetary aggregates and credit to the economy”.

Photo on the preview: Sergey Savostyanov / TASS

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