Japan Monetary Base Sinks 13.7% On Year In June

TOKYO (dpa-AFX) - The monetary base in Japan was down 13.7 percent on year in June, the Bank of Japan said on Thursday - coming in at 559.203 trillion yen.That missed expectations for a fall of 10.0 percent following the 12.2 percent decline in May.Banknotes in circulation fell 1.8 percent, while c…

TOKYO (dpa-AFX) - The monetary base in Japan was down 13.7 percent on year in June, the Bank of Japan said on Thursday - coming in at 559.203 trillion yen.

That missed expectations for a fall of 10.0 percent following the 12.2 percent decline in May.

Banknotes in circulation fell 1.8 percent, while coins in circulation slipped 1.1percent. Current account balances lost 16.4 percent, including a 14.6 percent drop in reserve balances.

For the second quarter of 2026, the monetary base was down an annual 12.4 percent.