Money supply and credit to economy increase in April
28 May 2026
News
Broad money supply (M2X) gained 1.2% predominantly due to the growth of household ruble deposits.
The annual growth of М2Х was up to 12.5% in April from 12.2% in March, while that of credit to the economy rose to 9.4% from 9.0%.
Credit to the economy remains the major driver of money supply. The fiscal sector’s contribution to the increase in money supply continues to be positive.
More details are available in the material Monetary Aggregates and Credit to the Economy.