TUESDAY, MAY 3, 1983
TOTAL MONEY SUPPLY
TOTAL M1 FELL BY 3.2 PER CENT COMPARED WITH A 2.2 PER CENT INCREASE IN FEBRUARY.
TOTAL M2 ROSE FURTHER BY 1.7 PER CENT AFTER A 0.2 PER CENT INCREASE IN FEBRUARY.
TOTAL M3 ROSE BY 1.5 PER CENT, REVERSING THE 0.2 PER CENT DECLINE IN FEBRUARY.
IN THE THREE MONTHS TO MARCH, TOTAL M1 ROSE BY 4.1 PER CENT, TOTAL M2 AND TOTAL M3 BY 5.9 PER CENT AND 4.2 PER CENT RESPECTIVELY. IN THE TWELVE MONTHS TO MARCH, THE CORRESPONDING GROWTH RATES WERE 14.6 PER CENT, 64.5 PER CENT AND 38.5 PER CENT.
LOANS AND ADVANCES
TOTAL LOANS AND ADVANCES EXTENDED BY BANKS AND DEPOSIT-TAKING COMPANIES ROSE MORE RAPIDLY IN MARCH BY 2.1 PER CENT COMPARED WITH A 0.7 PER CENT INCREASE IN FEBRUARY.
IN THE THREE MONTHS TO MARCH THEY ROSE BY 4.3 PER CENT AND OVER THE TWELVE MONTHS BY 26.1 PER CENT.
LOANS TO FINANCE VISIBLE TRADE OF HONG KONG, HOWEVER, DECLINED FURTHER, BY 0.9 PER CENT AFTER A FALL OF 0.2 PER CENT IN FEBRUARY.
IN THE THREE MONTHS TO MARCH, THE NET DECREASE WAS 1 PER CENT, BUT OVER THE TWELVE MONTHS THERE WAS A NET INCREASE OF 11 PER CENT.
OTHER LOANS FOR USE IN HONG KONG GREW BY 1.3 PER CENT, THE SAME AS IN FEBRUARY,
OVER THE THREE MONTHS, THE INCREASE WAS 4.4 PER CENT AND OVER THE TWELVE MONTHS, 24.6 PER CENT.
OTHER LOANS FOR USE OUTSIDE HONG KONG ROSE SHARPLY BY 3.1 PER CENT AFTER A 0.3 PER CENT INCREASE IN FEBRUARY.
OVER THE THREE MONTHS, THE INCREASE WAS 4.8 PER CENT AND OVER
THE TWELVE MONTHS, 33.3 PER CENT.
QUARTERLY ANALYSIS OF LOANS AND ADVANCES FOR USE IN HONG KONG BY SECTOR 1
IN THE FIRST QUARTER OF 1983, LOANS AND ADVANCES EXTENDED BY BANKS AND DEPOSIT-TAKING COMPANIES TO THE MANUFACTURING SECTOR ROSE BY 6.4 PER CENT, WHILE THOSE TO THE BUILDING AND CONSTRUCTION SECTOR ROSE BY ONLY 1.6 PER CENT.
LOANS TO THE WHOLESALE AND RETAIL TRADES ROSE BY 8.0 PER CENT.
/LOANS FOR