13 - 13.
Money Supply
Owing to the post Lunar New Year effect, currency held by the public dropped by 14.7% in February. Although part of the decrease was offset by the growth in demand deposits, HK$M1 registered a marked decrease of 4.4% during the month.
The growth of both HK$M2 and HK$M3 moderated to 0.8% this month from 0.9% and 1.1% in January respectively.
Note to Editors:
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