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Money supply growth remains unchanged in July

25 August 2026
News

In July, the growth rate of broad money (М2Х) stayed at the June level. The annual increase in M2X was down to 12.6%.

In July, credit to the economy rose as compared to the previous month, with its annual growth rate continuing to go up.

Credit to the economy remained the key source of money supply. The contribution of fiscal operations decreased, staying positive.

More details are available in the material Monetary Aggregates and Credit to the Economy.

Preview photo: Husenjipang / Shutterstock / Fotodom