The annual growth rate of the broad monetary aggregate M3 increased to 5.3% in April 2015, from 4.6% in March 2015. 1 The three-month average of the annual growth rates of M3 in the period from February 2015 to April 2015 increased to 4.7%, from 4.2% in the period from January 2015 to March 2015. Regarding the main components of M3, the annual growth rate of M1 increased to 10.5% in April 2015, from 10.0% in March. The annual growth rate of short-term deposits other than overnight deposits (M2-M1) stood at -3.3% in April, unchanged from the previous month. The annual growth rate of marketable instruments (M3-M2) ... (full story)