Translation. Region: Russian Federal
Source: Central Bank of Russia
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Corporate loans once again made the decisive contribution to growth. At the same time, consumer lending also began to increase in August. As a result, broad money supply growth accelerated to 1.4% from 0.8% in July, despite the negative contribution of budget transactions.
Cash in circulation increased in August at a rate comparable to June and July. As deposit rates declined, the contribution of household ruble funds to money supply growth also declined.
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